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Published on 2/3/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $13.89 million trigger PLUS linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Feb. 3 – Barclays Bank plc priced $13.89 million of 0% trigger Performance Leveraged Upside Securities due Feb. 2, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be the lesser of (i) par of $10 plus 200% of the index return and (ii) the maximum payment of $16.30 per $10.00 note. Investors will receive par if the index declines by 15% or less and will be fully exposed to the index’s decline from its initial level if it falls by more than 15%.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Barclays Bank plc
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$13,886,580
Maturity:Feb. 2, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, lesser of (i) par plus double the index return and (ii) $16.30 per $10.00 note; par if final index level is less than or equal to initial level but greater than or equal to trigger level; full exposure to index’s decline from initial level if final level is less than trigger level
Initial index level:3,351.44
Trigger level:2,848.72, 85% of the initial price
Pricing date:Jan. 30
Settlement date:Feb. 4
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:2.5%
Cusip:06742Y113

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