New Issue: Barclays prices $8.45 million PLUS linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Nov. 4 – Barclays Bank plc priced $8.45 million of 0% Performance Leveraged Upside Securities due Feb. 1, 2018 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum payout of $11.36 per PLUS.

Investors will be fully exposed to any index decline.

Barclays is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$8,452,500
Maturity:	Feb. 1, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par of $10 plus triple the index return, subject to a maximum payout of $11.36 per PLUS; full exposure to losses
Initial level:	2,126.41
Pricing date:	Oct. 28
Settlement date:	Nov. 2
Agent:	Barclays with Morgan Stanley Wealth Management handling distribution
Fees:	2.25%
Cusip:	06744M778

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