Barclays plans five-year enhanced trigger jump notes linked to S&P 500

By Susanna Moon

Chicago, Dec. 14 - Barclays Bank plc plans to price 0% enhanced trigger jump securities due Jan. 3, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 70% trigger level, the payout at maturity will be par of $10 plus the greater of the index return and the contingent minimum return of 18.5% to 22.5%. The exact deal terms will be set at pricing.

Otherwise, investors will be fully exposed to any losses.

Barclays is the agent with Morgan Stanley Smith Barney LLC as dealer.

The notes will price on Dec. 28 and settle on Jan. 3.

The Cusip number is 06742A313.

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