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Published on 1/8/2016 in the Prospect News Structured Products Daily.

Barclays to price capped leveraged notes linked to basket of indexes

By Wendy Van Sickle

Columbus, Ohio, Jan. 8 – Barclays Bank plc plans to price 0% 18- to 20-month capped leveraged notes linked to a basket of five indexes, according to a 424B2 filed with the Securities and Exchange Commission.

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

The payout at maturity will be par plus triple any basket gain, up to a maximum settlement amount expected to be from $1,326 to $1,382 for each $1,000 principal amount of notes. The exact maximum will be set at pricing.

Investors will be exposed to any losses.

Barclays is the agent.

The Cusip number is 06741U2W3.


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