Barclays plans trigger performance securities on iShares MSCI EAFE

By Jennifer Chiou

New York, Feb. 4 – Barclays Bank plc plans to price 0% trigger performance securities due Feb. 28, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 154% to 164% of the index return, with the exact participation rate to be determined at pricing.

Investors will receive par if the index falls by up to 80% and will be fully exposed to losses from the initial level if it falls by more than 80%.

The notes (Cusip: 06740D418) will price on Feb. 24 and settle on Feb. 27.

UBS Financial Services Inc. and Barclays are the agents.

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