New Issue: Barclays sells $2.71 million four-year trigger gears on Russell, Stoxx

By Susanna Moon

Chicago, Aug. 2 – Barclays Bank plc priced $2.71 million of 0% trigger gears due July 30, 2021 linked to a basket consisting of the Russell 2000 index and the Euro Stoxx 50 index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.51 times any basket gain.

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

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger gears
Underlying basket:	Russell 2000, Euro Stoxx 50, equally weighted
Amount:	$2,711,500
Maturity:	July 30, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.51 times any basket gain; par if basket falls by up to 25% and fully exposure to any losses if basket finishes below 75% downside threshold
Initial levels:	1,442.279 for Russell 2000, 3,491.19 for Stoxx
Trigger levels:	75% of initial levels
Pricing date:	July 26
Settlement date:	July 31
Agents:	UBS Financial Services Inc. and Barclays
Fees:	3%
Cusip:	06746L703

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