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Barclays plans to price capped leveraged notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Nov. 23 – Barclays Bank plc plans to price 0% capped leveraged notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The tenor is expected to be 18 to 21 months.
If the index return is positive, the payout at maturity will be par plus double the index return, up to a maximum settlement amount that is expected to be $1,324 to $1,380 per $1,000 principal amount of notes and will be set at pricing. If the index return is negative, investors will be fully exposed to the decline.
Barclays is the agent.
The Cusip number is 06741UV50.
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