Barclays plans capped gears with leverage due 2018 linked to Stoxx 50

By Susanna Moon

Chicago, Jan. 10 – Barclays Bank plc plans to price 0% capped gears due March 29, 2018 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 plus triple any index gain, up to a maximum return of 21.5% to 24.5%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

UBS Financial Services Inc. and Barclays are the agents.

The notes will price on Jan. 27 and settle on Jan. 31.

The Cusip number is 06745R339.

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