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Published on 5/29/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $505,700 trigger performance notes linked to Vanguard FTSE EM ETF

By Toni Weeks

San Luis Obispo, Calif., May 29 – Barclays Bank plc priced $505,700 of 0% trigger performance securities due May 29, 2020 linked to the Vanguard FTSE Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus 147% of the ETF return. Investors will receive par if the ETF falls by up to 25% and will be fully exposed to losses from the initial share price if it falls by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Trigger performance securities
Underlying ETF:Vanguard FTSE Emerging Markets ETF
Amount:$505,700
Maturity:May 29, 2020
Coupon:0%
Price:Par of $10.00
Payout at maturity:If ETF return is positive, par plus 147% of ETF return; par if ETF falls by up to 25%; full exposure to losses from initial share price if ETF falls by more than 25%
Initial share price:$43.31
Trigger share price:$32.48, 75% of initial share price
Pricing date:May 26
Settlement date:May 29
Agents:UBS Financial Services Inc. and Barclays
Fees:None
Cusip:06743P350

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