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Published on 3/19/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.42 million buffered PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 19 – Barclays Bank plc priced $2.42 million of 0% buffered Performance Leveraged Upside Securities due April 7, 2021 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 200% of the index return, subject to a maximum return of 40%. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Barclays Bank plc
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$2,423,350
Maturity:April 7, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, subject to 40% maximum return; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial level:3,386.08
Pricing date:March 15
Settlement date:March 20
Agent:Barclays
Selected dealer:Morgan Stanley Wealth Management
Fees:2.5%
Cusip:06746Y358

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