New Issue: Barclays prices $2.78 million PLUS due 2022 linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 21 – Barclays Bank plc priced $2.78 million of 0% Performance Leveraged Upside Securities due Oct. 5, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 12.3%.

Investors will be exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management as the dealer.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$2,778,280
Maturity date:	Oct. 5, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 12.3%; exposure to any losses
Initial level:	4,247.44
Pricing date:	June 11
Settlement date:	June 16
Agent:	Barclays with Morgan Stanley Wealth Management as dealer
Fees:	2.25%
Cusip:	06747T523

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