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Published on 10/9/2014 in the Prospect News Structured Products Daily.

Barclays plans leveraged buffered notes linked to index basket

By Susanna Moon

Chicago, Oct. 9 – Barclays Bank plc plans to price 0% leveraged buffered notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 24 and 27 months after pricing.

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 a 8% weight.

The payout at maturity will be par plus 1.29 to 1.49 times any basket gain.

Investors will be exposed to any losses.

The exact deal terms will be set at pricing.

Barclays is the agent.

The Cusip number is 06741UKW3.


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