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Published on 7/8/2014 in the Prospect News Structured Products Daily.

Barclays plans to price ETNs linked to Barclays Women in Leadership

By Susanna Moon

Chicago, July 8 – Barclays Bank plc plans to price 0% Barclays Women in Leadership exchange-traded notes linked to the Barclays Women in Leadership Total Return USD index, according to a 424B2 filing with the Securities and Exchange Commission.

The index is designed to provide investors with exposure to U.S.-based companies that satisfy one or both of the gender diversity criteria of having a female chief executive officer or having at least 25% female members on the board of directors and that satisfy certain market capitalization, liquidity and other selection criteria and concentration limits.

The par amount will be $50 per note.

The notes will be putable at any time subject to a minimum of 25,000 ETNs, and the notes may be called at any time.

The payout at maturity or redemption will be the final closing indicative value.

The closing indicative value for each note on the inception date will be $50. On each subsequent day, it will equal the closing indicative value on the day before plus the daily index performance amount plus the daily interest minus the daily investor fee.

The investor fee for each note on the initial valuation date will be zero. On each subsequent calendar day, the investor fee will be (1) 0.45% times (2) the closing indicative value on the immediately preceding calendar day times (3) the daily index factor on that day or, if the day is not a business day, one divided by (4) 365.

Barclay is the agent.

The issuer plans to apply to list the notes on the Nasdaq Stock Market under the symbol “WIL.”

The Cusip number is 06742W430.


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