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Published on 8/21/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $2.4 million 5.1% yield buffer notes tied to index, fund

By Susanna Moon

Chicago, Aug. 18 – Barclays Bank plc priced $2.4 million of 5.1% buffered notes due May 21, 2019 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless either underlying component falls by more than 20%, in which case investors will lose 1.25% for each 1% decline of the worse performing component.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered notes
Underlying assets:Russell 2000 index and the iShares MSCI EAFE ETF
Amount:$2.4 million
Maturity:May 21, 2019
Coupon:5.1%, payable monthly
Price:Par
Payout at maturity:Par unless either underlying component falls by more than 20%, in which case 1.25% loss per 1% decline of worse performing component
Initial levels:1,383.24 for index, $66.38 for fund
Barrier levels:80% of initial levels
Pricing date:Aug. 16
Settlement date:Aug. 21
Agent:Barclays
Fees:None
Cusip:06744CHE4

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