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Published on 3/4/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.75 million buffered PLUS due 2021 tied to Stoxx

By Sarah Lizee

Olympia, Wash., March 4 – Barclays Bank plc priced $6.75 million of 0% buffered Performance Leveraged Upside Securities due March 3, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, capped at $14.075 per PLUS. Investors will receive par if the index falls by up to 15% and will be exposed to any index decline beyond 15%.

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

Issuer:Barclays Bank plc
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$6,745,200
Maturity:March 3, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, capped at $14.075 per PLUS; par if index falls by up to 15%; exposure to losses beyond 15%
Initial level:3,298.26
Pricing date:Feb. 28
Settlement date:March 5
Underwriter:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:2.5%
Cusip:06746Y580

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