Barclays plans review notes due 2016 linked to Euro Stoxx 50 index

By Jennifer Chiou

New York, Nov. 25 – Barclays Bank plc plans to price 0% review notes due Nov. 30, 2016 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

If the index finishes at or above its initial level on any of the review dates, the notes will be called at par plus an annualized premium of 12.1%. The review dates are Dec. 10, 2015, June 9, 2016 and Nov. 25, 2016.

If the notes are not called, the payout at maturity will be par if the index falls by up to 10%. Otherwise, investors will be fully exposed to any losses.

The notes (Cusip: 06741UME1) will price on Nov. 26 and settle on Dec. 2.

Barclays is the underwriter with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents.

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