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Published on 7/30/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $517,420 of trigger gears linked to Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., July 30 – Barclays Bank plc priced $517,420 of 0% trigger gears due July 29, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 2.73 times the index return. Investors will receive par if the index declines by 30% or less and will lose 1% for each 1% decline if the index falls beyond 30%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Trigger gears
Underlying index:Euro Stoxx 50
Amount:$517,420
Maturity:July 29, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is greater than zero, par plus 2.73 times index return; par if index declines by 30% or less; 1% loss for each 1% decline if the index falls beyond 30%
Initial index level:3,527.18
Downside threshold:2,469.03, 70% of initial level
Pricing date:July 27
Settlement date:July 31
Agent:Barclays
Fees:None
Cusip:06746T573

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