New Issue: Barclays sells $677,000 three-year notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 19 – Barclays Bank plc priced $677,000 of 0% notes due Jan. 14, 2021 linked to Euro Stoxx 50 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 44%.

If the index falls by up to 2.5%, the payout will be par plus the index return. Otherwise, investors will receive 97.5% of par. In other words, if the index return is negative, investors will lose up to 2.5%.

Barclays is the underwriter, and JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying index:	Euro Stoxx 50 index
Amount:	$677,000
Maturity:	Jan. 14, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 44%; if index falls, par plus the index return, subject to floor of $975 per $1,000 principal amount
Initial level:	3,612.61
Final level:	Average of closing levels on five trading days ending Jan. 11, 2021
Pricing date:	Jan. 12
Settlement date:	Jan. 18
Underwriter:	Barclays
Placement agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	2%
Cusip:	06744CSB8

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