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Published on 9/18/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $3.73 million five-year market-linked notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 18 – Barclays Bank plc priced $3.73 million of 0% market-linked notes due Sept. 15, 2022 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, capped at 29.75%. If the index finishes flat or falls, the payout will be par.

Barclays is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:Barclays Bank plc
Issue:Market-linked notes
Underlying index:S&P 500 index
Amount:$3.73 million
Maturity:Sept. 15, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 29.75%; if index finishes flat or falls, par
Initial index level:Average of index closing levels on 21 trading days from and including pricing date
Pricing date:Sept. 11
Settlement date:Sept. 14
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:06746M107

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