Barclays plans capped buffer gears linked to iShares MSCI EM ETF

By Sarah Lizee

Olympia, Wash., April 2 – Barclays Bank plc plans to price 0% capped buffer gears due April 30, 2021 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is greater than zero, the payout at maturity will be par of $10 plus 2 times the fund return, subject to a maximum gain of 20.1% to 22.1%. Investors will receive par if the fund declines by 15% or less and lose 1% for every 1% that the ETF declines beyond 15%.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

The notes will price on April 25.

The Cusip number is 06747A821.

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