New Issue: Barclays prices $1 million eight-year notes linked to index basket

By Toni Weeks

San Luis Obispo, Calif., Dec. 3 – Barclays Bank plc priced $1 million of 0% notes due Dec. 6, 2021 linked to a basket of equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is comprised of the S&P 500 index, Euro Stoxx 50 index and Nikkei Stock Average index.

If the basket return is less than or equal to the minimum percentage of 7%, the payout at maturity will be par plus 7%. If the basket return is greater than 7%, the payout will be par plus the basket return, subject to a maximum return of 44%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying indexes:	S&P 500, Euro Stoxx 50 and Nikkei Stock Average, equally weighted
Amount:	$1 million
Maturity:	Dec. 6, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is less than or equal to 7%, par plus 7%; if basket return is greater than 7%, par plus basket return, capped at 44%
Initial basket level:	100
Initial index levels:	2,053.44 for S&P, 3,232.91 for Euro Stoxx and 17,590.1 for Nikkei
Pricing date:	Dec. 1
Settlement date:	Dec. 4
Agent:	Barclays
Fees:	3%
Cusip:	06741UMK7

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