New Issue: Barclays prices $4.44 million 6.1% buffered fixed-rate notes on Russell, Nasdaq

By William Gullotti

Buffalo, N.Y., Oct. 18 – Barclays Bank plc priced $4.44 million of 6.1% buffered fixed-coupon notes due Oct. 18, 2022 linked to the least performing of the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

If the least-performing asset finishes at or above 82.5% of the initial level, the payout at maturity will be par.

Otherwise, investors will share in losses at a rate of 1.21212% per 1% drop beyond 17.5%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered fixed-coupon notes
Underlying indexes:	Russell 2000 index, Nasdaq-100 index
Amount:	$4,440,000
Maturity:	Oct. 18, 2022
Coupon:	6.1% annual rate, payable monthly
Price:	Par
Payout at maturity:	If least-performing index finishes at or above 82.5% of initial level, par; otherwise, 1.21212% loss for every 1% decline of least-performing index beyond 17.5%
Initial levels:	2,234.27 for Russell, 14,662.11 for Nasdaq
Buffer level:	1,843.27 for Russell, 12,096.24 for Nasdaq; 82.5% of initial levels
Strike date:	Oct. 8
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Underwriter:	Barclays
Fees:	0%
Cusip:	06748WNB5

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