New Issue: Barclays prices $2.09 million dual directional trigger PLUS tied to Stoxx

By Wendy Van Sickle

Columbus, Ohio, June 8 – Barclays Bank plc priced $2.09 million of 0% dual directional trigger Performance Leveraged Upside Securities due June 5, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, up to a maximum of par plus 36%. If the index declines by 20% or less, the payout will be par plus the absolute value of the index return. If the index declines by more than 20%, investors will lose 1% for every 1% that the index declines from its initial level.

Barclays is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	Barclays Bank plc
Issue:	Dual directional trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,090,750
Maturity:	June 5, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus 200% of the index gain, up to par plus 36%; if final index level is less than initial index level but greater than or equal to trigger level, par plus absolute value of index return; if final index level is less than trigger level, 1% loss for every 1% that index declines from initial level
Initial index level:	3,050.2
Trigger level:	2,440.16, 80% of initial level
Pricing date:	May 29
Settlement date:	June 3
Agent:	Barclays
Distribution:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	06747H693

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