New Issue: Barclays prices $3.38 million buffered PLUS linked to the S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – Barclays Bank plc priced $3.38 million of 0% buffered Performance Leveraged Upside Securities due Feb. 5, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of 18.55%.

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

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

Issuer:	Barclays Bank plc
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$3,378,370
Maturity:	Feb. 5, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 18.55%; par if index falls by up to 10%; one-to-one exposure to declines beyond 10%
Initial level:	2,470.30
Pricing date:	July 31
Settlement date:	Aug. 3
Agent:	Barclays
Fees:	3%
Cusip:	06746L208

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