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Published on 6/13/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $14.38 million trigger PLUS linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., June 13 – Barclays Bank plc priced $14.38 million of 0% trigger Performance Leveraged Upside Securities due June 3, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 500% of any index gain, up to a maximum return of 74%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.

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

Issuer:Barclays Bank plc
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50 index
Amount:$14,381,660
Maturity:June 3, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 500% of any index gain, up to maximum return of 74%; par if the index falls by up to 25%; full exposure to any losses if the index finishes below the trigger value
Initial level:3,554.59
Trigger value:2,665.94, 75% of initial level
Pricing date:May 31
Settlement date:June 5
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3%
Cusip:06746K200

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