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Barclays pushes up pricing of PLUS linked to Euro Stoxx 50 index
By Susanna Moon
Chicago, July 7 – Barclays Bank plc pushed up the pricing date of its 0% Performance Leveraged Upside Securities due Oct. 20, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will now price on July 17, pushed up from July 31, and settle on July 22.
The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 18%, with the cap raised from 17.5%.
Investors will be exposed to any losses.
Barclays is the agent with Morgan Stanley Wealth Management handling distribution.
The Cusip number is 06743N413.
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