New Issue: Barclays prices $302,900 trigger gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., July 6 – Barclays Bank plc priced $302,900 of 0% trigger gears due June 30, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.455 times the index return. Investors will receive par if the index declines by 25% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger gears
Underlying index:	Russell 2000
Amount:	$302,900
Maturity:	June 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.455 times any index gain; par if index declines by 25% or less; full exposure to loss if index falls beyond 25%
Initial level:	1,089.646
Downside threshold:	817.235, 75% of initial level
Pricing date:	June 27
Settlement date:	June 30
Agent:	UBS Financial Services Inc. and Barclays
Fees:	0.5%
Cusip:	06740Q427

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