By Marisa Wong
Morgantown, W.Va., May 21 – Barclays Bank plc priced $29 million of 0% capped gears due June 20, 2019 linked to the MSCI EAFE 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 12.4%.
Investors will be fully exposed to any index decline.
UBS Financial Services Inc. and Barclays are the agents.
| Issuer: | Barclays Bank plc
|
| Issue: | Capped gears
|
| Underlying index: | MSCI EAFE index
|
| Amount: | $29 million
|
| Maturity: | June 20, 2019
|
| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | Par plus 3 times any index gain, capped at 12.4%; full exposure to losses
|
| Initial index level: | 2,050.45
|
| Pricing date: | May 17
|
| Settlement date: | May 22
|
| Agents: | Barclays and UBS Financial Services Inc.
|
| Fees: | 2%
|
| Cusip: | 06746R254
|
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