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Published on 5/1/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $9.08 million buffered PLUS linked to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., May 1 – Barclays Bank plc priced $9.08 million of 0% buffered Performance Leveraged Upside Securities due April 29, 2022 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 205% of the index return. 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:$9,080,500
Maturity:April 29, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 205% of index return; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial level:3,500.41
Buffer level:2,975.3485, 85% of initial level
Pricing date:April 26
Settlement date:May 1
Agent:Barclays
Selected dealer:Morgan Stanley Wealth Management
Fees:3%
Cusip:06747A482

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