New Issue: Barclays sells $1.07 million digital plus notes on Boeing

By Kiku Steinfeld

Chicago, March 25 – Barclays Bank plc priced $1.07 million of 0% digital plus notes due Oct. 3, 2022 linked to the shares of Boeing Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes at or above the initial level, the payout at maturity will be par plus the greater of 7% and the stock return, capped at 16.25%.

If the stock finishes below the initial level but at or above the 80% barrier level, the payout will be par.

If the stock finishes below the barrier level, investors will be fully exposed to the stock’s decline, payable in shares or cash at the option of the issuer.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Digital plus notes
Underlying stock:	Boeing Co.
Amount:	$1,066,000
Maturity:	Oct. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the stock finishes flat or gains, par plus the greater of 7% and the stock return, capped at 16.25%; par if stock falls by up to 25%; otherwise, full exposure to losses, payable in 4.79593 shares or cash at the option of the issuer
Initial value:	$208.51
Barrier value:	$166.81, 80% of initial value
Pricing date:	Sept. 21
Settlement date:	Sept. 24
Agent:	Barclays
Fees:	2%
Cusip:	06741WD98

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