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Published on 1/29/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $50.05 million Leveraged Index Return Notes on the Dow

By Marisa Wong

Morgantown, W.Va., Jan. 29 – Barclays Bank plc priced $50,051,910 of 0% Leveraged Index Return Notes due Jan. 27, 2023 linked to the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 108.1% of any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

BofA Merrill Lynch is the agent.

Issuer:Barclay Bank plc
Issue:Leveraged Index Return Notes
Underlying index:Dow Jones industrial average
Amount:$50,051,910
Maturity:Jan. 27, 2023
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 108.1% of any index gain; par if the index falls by up to 20%; 1% loss for every 1% decline beyond 20%
Initial level:26,392.79
Threshold level:21,114.23, 80% of initial level
Pricing date:Jan. 25
Settlement date:Feb. 1
Agent:BofA Merrill Lynch
Fees:2.5%
Cusip:06746P878

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