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Published on 3/7/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $10.16 million capped return enhanced notes on Stoxx Europe 600

By Wendy Van Sickle

Columbus, Ohio, March 7 – Barclays Bank plc priced $10.16 million of 0% capped return enhanced notes due March 21, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 21.3%.

Investors will be exposed to any losses.

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

Issuer:Barclays Bank plc
Issue:Capped return enhanced notes
Underlying index:Stoxx Europe 600
Amount:$10,158,000
Maturity:March 21, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus triple any index gain, capped at 21.3%; exposure to any losses
Initial level:375.23
Pricing date:March 3
Settlement date:March 8
Agents:Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:1%
Cusip:06741VM82

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