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Published on 8/3/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $2.81 million trigger gears linked to iShares EAFE

By Marisa Wong

Morgantown, W.Va., Aug. 3 – Barclays Bank plc priced $2.81 million of 0% trigger gears due July 29, 2022 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is greater than zero, the payout at maturity will be par of $10 plus 1.47 times the fund return. Investors will receive par if the fund declines by 25% or less and will lose 1% for each 1% decline from its initial level if the fund declines by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Trigger gears
Underlying fund:iShares MSCI EAFE ETF
Amount:$2,807,210
Maturity:July 29, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.47 times any fund gain; par if the fund declines by 25% or less; full exposure to decline from initial level if fund declines by more than 25%
Initial price:$66.87
Downside threshold:$50.15, 75% of initial price
Pricing date:July 26
Settlement date:July 31
Agents:UBS Financial Services Inc. and Barclays
Fees:3.5%
Cusip:06746K184

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