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Published on 3/26/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $8.93 million buffered PLUS tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., March 26 – Barclays Bank plc priced $8.93 million of 0% buffered Performance Leveraged Upside Securities due Oct. 5, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 205.15% of the index gain. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Barclays is the agent. Morgan Stanley Wealth Management is acting as dealer.

Issuer:Barclays Bank plc
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$8,927,400
Maturity:Oct. 5, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 205.15% of index return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial level:3,437.40
Pricing date:March 16
Settlement date:March 21
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3%
Cusip:06746Q413

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