Barclays plans to price 14-month capped gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., June 26 – Barclays Bank plc plans to price 0% capped gears due Aug. 31, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 3 times the index return, subject to a maximum gain of 14.4% to 16.4%. If the index return is negative, investors will have full exposure to the decline.

Barclays and UBS Financial Services Inc. are the agents.

The notes will price on June 27.

The Cusip number is 06746K556.

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