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Published on 5/9/2017 in the Prospect News Structured Products Daily.

Barclays plans capped return enhanced notes on SPDR oil & gas ETF

New York, May 9 – Barclays Bank plc plans to price 0% capped return enhanced notes due May 30, 2018 linked to the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of par plus 26.55%.

Investors will be exposed to any losses.

Barclays is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

The notes will price on May 12 and settle on May 17.

The Cusip number is 06741VVH2.


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