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Published on 1/13/2016 in the Prospect News Structured Products Daily.

Barclays plans capped leveraged notes linked to basket of five indexes

By Devika Patel

Knoxville, Tenn., Jan. 13 – Barclays Bank plc plans to price 0% capped leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 21 and 24 months after pricing, with the exact maturity to be set at pricing.

The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.

The payout at maturity will be par plus double any basket gain, up to a maximum settlement amount of $1,400 per $1,000 principal amount.

Investors will be exposed to all losses.

The exact terms will be set at pricing.

Barclays is the agent.

The Cusip is 06741U3A0.


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