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Barclays plans to price notes due 2022 linked to Euro Stoxx 50
Chicago, Feb. 27 – Barclays Bank plc plans to price 0% notes due Aug. 28, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.2 to 1.25 times any index gain. The exact leverage factor will be set at pricing.
If the index falls by up to 5%, investors will receive a return equal to the decline of the index. Otherwise, investors will receive a minimum payment of $950 per $1,000 amount of notes.
Barclays Capital Inc. is the agent.
The notes will price on Feb. 28 and settle March 5.
The Cusip number is 06747MCY0.
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