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Barclays to price trigger performance notes tied to iShares MSCI EAFE
By Marisa Wong
Morgantown, W.Va., Sept. 3 – Barclays Bank plc plans to price 0% trigger performance securities due Sept. 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.
If the ETF return is positive, the payout at maturity will be par of $10 plus 172% to 182% of the ETF return. The exact participation rate will be set at pricing. Investors will receive par if the ETF falls by up to 25% and will be fully exposed to losses from the initial share price if it falls by more than 25%.
Barclays and UBS Financial Services Inc. are the agents.
The notes will price Sept. 25 and settle Sept. 30.
The Cusip number is 06743N132.
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