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Published on 4/17/2017 in the Prospect News Structured Products Daily.

Barclays plans to price buffered PLUS due 2019 linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 17 – Barclays Bank plc plans to price 0% buffered Performance Leveraged Upside Securities due Nov. 5, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return that is expected to be at least 50% and will be set at pricing.

If the final index level is less than or equal to the initial index level but has decreased from the initial index level by no more than 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

The notes will price April 18.

The Cusip number is 06746J567.


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