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Published on 3/24/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $3.28 million capped leveraged notes on Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., March 24 – Barclays Bank plc priced $3.28 million of 0% capped return enhanced notes due April 6, 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 3 times any gain in the index, up to a maximum return of 21.6%.

Investors will be fully exposed to any index decline.

Barclays is the underwriter 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 index
Amount:$3,275,000
Maturity:April 6, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 3 times any gain in the index, up to a maximum return of 21.6%; full exposure to losses
Initial level:378.32
Final level:Average of index closing levels on five trading days ending April 3, 2018
Pricing date:March 17
Settlement date:March 22
Underwriter:Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:1%
Cusip:06741VP63

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