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Published on 2/1/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $7.88 million capped gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Feb. 1 – Barclays Bank plc priced $7.88 million of 0% capped gears due March 29, 2018 linked to the Euro Stoxx 50 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 21.6%.

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:Euro Stoxx 50 index
Amount:$7,878,200
Maturity:March 29, 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 21.6%; full exposure to any index decline
Initial level:3,303.33
Pricing date:Jan. 27
Settlement date:Jan. 31
Agents:UBS Financial Services Inc. and Barclays
Fees:2%
Cusip:06745R339

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