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Published on 8/9/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $768,000 leveraged market-linked notes on Dow

By Wendy Van Sickle

Columbus, Ohio, Aug. 9 – Barclays Bank plc priced $768,000 of 0% market-linked notes – leveraged upside participation and contingent downside – due Aug. 2, 2023 linked to the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25 times any index gain.

If the index falls by up to 30%, the payout will be par. Otherwise, investors will be fully exposed to the index decline.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Market-linked notes – leveraged upside participation and contingent downside
Underlying index:Dow Jones industrial average
Amount:$768,000
Maturity:Aug. 2, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.25 times any index gain; par if index falls by up to 30%; otherwise, full exposure to loss
Initial level:25,306.83
Threshold level:17,714.781, 70% of initial level
Pricing date:July 30
Settlement date:Aug. 2
Agents:Wells Fargo Securities, LLC and Barclays
Fees:3.659%
Cusip:06746XGB3

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