By Susanna Moon
Chicago, Jan. 4 – Barclays Bank plc priced $26.01 million of 0% Leveraged Index Return Notes due Dec. 23, 2019 linked to the MSCI Emerging Markets index, according to a 424B2 filed with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.
The payout at maturity will be par of $10 plus 144% of any basket gain.
Investors will receive par if the basket falls by up to 7.5% and will lose 1% for each 1% decline beyond 7.5%.
BofA Merrill Lynch is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Leveraged Index Return Notes
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| Underlying basket: | Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock Average (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight), Hang Seng (5% weight)
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| Amount: | $26,010,900
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| Maturity: | Dec. 23, 2019
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 144% of any basket gain; par if basket falls by up to 7.5%; 1% loss for every 1% decline beyond 7.5%
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| Pricing date: | Dec. 28
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| Settlement date: | Jan. 4
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| Agent: | BofA Merrill Lynch
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| Fees: | 2%
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| Cusip: | 06746P860
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