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Published on 6/15/2017 in the Prospect News Structured Products Daily.

Barclays plans trigger jump securities linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., June 15 – Barclays Bank plc plans to price 0% trigger jump securities due July 3, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of the return and a fixed percentage of at least 26.05%.

If the index finishes below its initial level but at or above its trigger level, 90% of the initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline from the initial level.

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

The notes will price on June 16.

The Cusip number is 06746K598.


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