New Issue: Barclays sells $5.7 million capped PLUS linked to S&P 500

By Marisa Wong

Morgantown, W.Va., April 12 – Barclays Bank plc priced $5.7 million of 0% Performance Leveraged Upside Securities due July 5, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 12.35%.

Investors will be fully exposed to any index decline.

Barclays is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$5,695,750
Maturity:	July 5, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, return capped at 12.35%; full exposure to any index decline
Initial index level:	2,362.72
Pricing date:	March 31
Settlement date:	April 5
Agent:	Barclays
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	06745T244

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