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Published on 7/12/2016 in the Prospect News Structured Products Daily.

Barclays plans leveraged notes with 30.15%-35.4% cap linked to indexes

By Susanna Moon

Chicago, July 12 – Barclays Bank plc plans to price 0% capped leveraged buffered notes due in 17 to 20 months linked to a basket of indexes, according to a 424B2 filing 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 of $1,301.50 to $1,354.00 for each $1,000 principal amount of notes. The exact cap will be set at pricing.

Investors will be exposed to any losses.

Barclays is the agent.

The Cusip number is 06741V6J6.


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