New Issue: Barclays prices $13.83 million capped gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Jan. 3 – Barclays Bank plc priced $13.83 million of 0% capped gears due Feb. 28, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus triple the gain, up to a maximum gain of 17.25%.

If the index return is negative, investors will lose 1% for each 1% decline.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped gears
Underlying index:	Russell 2000 index
Amount:	$13,825,010
Maturity:	Feb. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes above its initial level, par plus triple the gain, up to a maximum gain of 17.25%; full exposure to any index decline
Initial level:	1,377.707
Pricing date:	Dec. 27
Settlement date:	Dec. 30
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2%
Cusip:	06744M646

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