New Issue: Barclays prices $3 million trigger gears linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Sept. 28 – Barclays Bank plc priced $3 million of 0% trigger gears due Sept. 30, 2021 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is greater than zero, the payout at maturity will be par of $10 plus 1.41 times the ETF return. Investors will receive par if the ETF declines by 25% or less and be fully exposed to the ETF’s decline from its initial share price if it declines by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger gears
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$3 million
Maturity:	Sept. 30, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund return is greater than zero, par plus 1.41 times fund return; par if fund return is less than or equal to zero and final share price is greater than or equal to downside threshold; full exposure to fund’s decline from initial share price if fund finishes below downside threshold
Initial share price:	$67.85
Downside threshold:	$50.89, 75% of initial share price
Pricing date:	Sept. 26
Settlement date:	Sept. 29
Agents:	UBS Financial Services Inc. and Barclays
Fees:	3%
Cusip:	06746M636

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