Barclays plans buffered PLUS due 2019 with cap tied to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., Feb. 10 – Barclays Bank plc plans to price buffered Performance Leveraged Upside Securities due Sept. 5, 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 200% of any index gain, up to a maximum payment of at least $15.055 per buffered PLUS. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

Barclays is the underwriter with Morgan Stanley Wealth Management as dealer.

The notes will price on Feb. 15 and settle on Feb. 21.

The Cusip number is 06744M273.

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