Barclays plans to price trigger gears linked to iShares MSCI EAFE ETF

By Wendy Van Sickle

Columbus, Ohio, May 11 – Barclays Bank plc plans to price 0% trigger gears due May 18, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.493 to 1.543 times the ETF return. Investors will receive par if the index declines by 25% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

The notes are expected to price May 13.

The Cusip number is 06740Q484.

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