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Published on 1/4/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $18.50 million capped trigger gears linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Jan. 4 – Barclays Bank plc priced $18,497,780 of 0% capped trigger gears due Dec. 31, 2020 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 of $10 plus triple any index gain, up to a maximum return of 66%.

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% downside threshold level.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Capped trigger gears
Underlying index:Euro Stoxx 50
Amount:$18,497,780
Maturity:Dec. 31, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 3 times any index gain, capped at 66%; par if index falls by up to 25% and full exposure to any losses if index finishes below downside threshold
Initial level:3,550.17
Downside threshold:2,662.63, 75% of initial level
Pricing date:Dec. 27
Settlement date:Dec. 29
Agents:UBS Financial Services Inc. and Barclays
Fees:2.5%
Cusip:06746N360

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