By Marisa Wong
Morgantown, W.Va., Aug. 22 – Barclays Bank plc priced $7.51 million of 0% partial principal at risk securities due Aug. 20, 2020 tied to the MSCI Europe index, according to a 424B2 with the Securities and Exchange Commission.
The payout at maturity will be par of $10.00 plus 1.25 times any index gain.
If the index finishes flat or declines, investors will receive par plus the index return, subject to a minimum payout of $9.50 per note.
Barclays is the agent. Morgan Stanley Wealth Management is the dealer.
| Issuer: | Barclays Bank plc
|
| Issue: | Partial principal at risk securities
|
| Underlying index: | MSCI Europe
|
| Amount: | $7,505,000
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| Maturity: | Aug. 20, 2020
|
| Coupon: | 0%
|
| Price: | Par of $10.00
|
| Payout at maturity: | Par plus 1.25 times any index gain; if index falls, par plus the index return subject to minimum payout of $9.50
|
| Initial index level: | 128.39
|
| Pricing date: | Aug. 17
|
| Settlement date: | Aug. 22
|
| Agent: | Barclays
|
| Dealer: | Morgan Stanley Smith Barney LLC
|
| Fees: | 2.5%
|
| Cusip: | 06746U802
|
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