Barclays plans capped leveraged buffered notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., April 2 – Barclays Bank plc plans to price 0% capped leveraged buffered notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 18 to 21 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum settlement amount of $1,189 to $1,222 per $1,000 principal amount. Investors will receive par if the index falls by 10% or less and will lose 1.1111% for every 1% decline beyond the 10% buffer.

The exact maturity date and maximum settlement amount will be set at pricing.

Barclays is the agent.

The Cusip number is 06741UTQ7.

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