New Issue: Barclays sells $437,000 buffered digital plus notes on S&P 500

By Marisa Wong

Morgantown, W.Va., June 6 – Barclays Bank plc priced $437,000 of 0% buffered digital plus notes due May 31, 2022 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is at least negative 15%, the payout at maturity will be par plus the greater of the index return and 23%, capped at 50%.

If the index return is less than negative 15%, investors will lose 1% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital plus notes
Underlying index:	S&P 500
Amount:	$437,000
Maturity:	May 31, 2022
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index return is at least negative 15%, par plus the greater of the index return and 23%, capped at 50%; otherwise, investors will lose 1% for every 1% decline beyond 15%
Initial index level:	2,415.07
Pricing date:	May 25
Settlement date:	May 31
Agent:	Barclays
Fees:	3.25%
Cusip:	06741VTD4

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