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Barclays plans to price leveraged buffered notes linked to MSCI EAFE
By Marisa Wong
Madison, Wis., Sept. 11 - Barclays Bank plc plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 21 to 24 months after pricing.
If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,180 to $1,225 per $1,000 principal amount of notes. The exact cap will be set at pricing. Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% that it declines beyond 10%.
The exact maturity date and maximum settlement amount will be set at pricing.
Barclays is the agent.
The Cusip number is 06741TJ40.
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