New Issue: Barclays prices $7.71 million contingent buffered notes on Stoxx Europe

By Marisa Wong

Morgantown, W.Va., March 24 – Barclays Bank plc priced $7.71 million of 0% contingent buffered notes due Sept. 19, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain. If the index finishes flat or falls but finishes at or above the 71.4% barrier level, the payout will be par. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Barclays is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

Issuer:	Barclays Bank plc
Issue:	Contingent buffered notes
Underlying index:	Stoxx Europe 600 index
Amount:	$7,705,000
Maturity:	Sept. 19, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; if the index finishes flat or falls but finishes at or above barrier level, par; otherwise, 1% loss for every 1% that the final index level is less than the initial index level
Initial level:	378.32
Barrier level:	270.12, 71.4% of initial level
Final level:	Average of index closing levels on five trading days ending Sept. 14, 2018
Pricing date:	March 17
Settlement date:	March 22
Underwriter:	Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1.25%
Cusip:	06741VP71

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