By Susanna Moon
Chicago, July 21 – Barclays Bank plc priced $14.62 million of 0% Performance Leveraged Upside Securities due Oct. 20, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 18%.
Investors will be exposed to any losses.
Barclays is the agent with Morgan Stanley Wealth Management as the dealer.
| Issuer: | Barclays Bank plc
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| Issue: | Performance Leveraged Upside Securities
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| Underlying index: | Euro Stoxx 50
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| Amount: | $14.62 million
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| Maturity: | Oct. 20, 2016
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 300% of any index gain, capped at 18%; exposure to any losses
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| Initial level: | 3,670.34
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| Pricing date: | July 17
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| Settlement date: | July 22
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| Agent: | Barclays
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| Distribution: | Morgan Stanley Smith Barney LLC
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| Fees: | 1.75%
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| Cusip: | 06743N413
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