New Issue: Barclays sells $1.35 million contingent buffered notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Aug. 23 – Barclays Bank plc priced $1.35 million of 0% contingent buffered notes due Feb. 13, 2019 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 plus any index gain.

If the index falls but finishes at or above the 85.75% barrier level, the payout will be par.

If the index finishes below the barrier level, investors will lose 1% for each 1% decline below the initial level.

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

Issuer:	Barclays Bank plc
Issue:	Contingent buffered notes
Underlying index:	S&P 500
Amount:	$1.35 million
Maturity:	Feb. 13, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus return; if index falls but finishes at or above barrier level, par; otherwise, 1% loss for each 1% index decline
Initial level:	2,441.32
Barrier level:	2,093.43, 85.75% of initial level
Pricing date:	Aug. 11
Settlement date:	Aug. 16
Agent:	Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1.25%
Cusip:	06744CGM7

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