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Published on 1/12/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $15 million return enhanced notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 12 – Barclays Bank plc priced $15 million of 0% return enhanced notes due July 15, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 2.7555 times the index gain. Investors will be fully exposed to any losses.

Barclays is the agent. J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are placement agents.

Issuer:Barclays Bank plc
Issue:Return enhanced notes
Underlying index:Euro Stoxx 50 index
Amount:$15 million
Maturity:July 15, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.7555 times any index gain; full exposure to losses
Initial level:3,609.83
Final level:Average of closing levels on five averaging dates ending July 10, 2019
Pricing date:Jan. 10
Settlement date:Jan. 16
Agents:Barclays with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents
Fees:0.5%
Cusip:06744CSF9

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