New Issue: Barclays prices $3.06 million PLUS linked to oil & gas ETF

By Angela McDaniels

Tacoma, Wash., Dec. 17 – Barclays Bank plc priced $3.06 million of 0% Performance Leveraged Upside Securities due Dec. 16, 2019 linked to the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF’s return is positive, the payout at maturity will be par of $10 plus 300% of the ETF’s return, subject to a maximum return of 93.15%. Investors will be exposed to the losses if the ETF declines.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying ETF:	SPDR S&P Oil & Gas Exploration & Production ETF
Amount:	$3,055,000
Maturity:	Dec. 16, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any ETF gain, capped at 93.15%; full exposure to any ETF decline
Initial share price:	$31.47
Pricing date:	Dec. 11
Settlement date:	Dec. 16
Agent:	Barclays
Dealer:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	06743T543

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