Barclays plans three-year capped trigger gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Aug. 11 – Barclays Bank plc plans to price 0% capped trigger gears due Aug. 30, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 50% to 54%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% downside threshold.

UBS Financial Services Inc. and Barclays are the agents.

The notes will price on Aug. 26 and settle on Aug. 31.

The Cusip number is 06740Q187.

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