New Issue: Barclays prices $1 million notes with 150% return cap linked to S&P 500

By Marisa Wong

Madison, Wis., Sept. 18 - Barclays Bank plc priced $1 million of 0% notes due Sept. 21, 2020 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 any gain in the index, up to a maximum return of 150%. Investors will be fully exposed to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying index:	S&P 500
Amount:	$1 million
Maturity:	Sept. 21, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, return capped at 150%; full exposure to any losses
Initial index level:	1,683.42
Pricing date:	Sept. 16
Settlement date:	Sept. 19
Underwriter:	Barclays
Fees:	0.25%
Cusip:	06741TL70

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