New Issue: Barclays prices $1.12 million capped buffered notes on Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., March 24 – Barclays Bank plc priced $1.12 million of 0% capped buffered return enhanced notes due April 18, 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 1.5 times any gain in the index, up to a maximum return of 14.85%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline in the index beyond the 10% buffer.

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

Issuer:	Barclays Bank plc
Issue:	Capped buffered return enhanced notes
Underlying index:	Stoxx Europe 600 index
Amount:	$1,115,000
Maturity:	April 18, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any gain in the index, up to a maximum return of 14.85%; par if the index falls by up to 10%; 1.1111% loss for every 1% decline in the index beyond the 10% buffer
Initial level:	378.32
Buffer level:	340.49, 90% of initial level
Final level:	Average of index closing levels on five trading days ending April 13, 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:	1.04%
Cusip:	06741VP89

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