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Published on 10/3/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $315,000 buffered digital notes due 2021 linked to S&P 500

By Susanna Moon

Chicago, Oct. 3 – Barclays Bank plc priced $315,000 of 0% buffered digital notes due March 29, 2021 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index gains or declines by 15% or less, the payout at maturity will be par plus the digital return of 15.25%.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered digital notes
Underlying index:S&P 500
Amount:$315,000
Maturity:March 29, 2021
Coupon:0%
Price:Par
Payout at maturity:If index gains or falls by 15% or less, par plus 15.25%; 1% loss for each 1% decline beyond 15%
Initial index level:2,496.84
Pricing date:Sept. 26
Settlement date:Sept. 29
Agent:Barclays
Fees:3%
Cusip:06744CJC6

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