New Issue: Barclays prices $19.37 million trigger PLUS linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Feb. 2 – Barclays Bank plc priced $19.37 million of 0% trigger Performance Leveraged Upside Securities due Feb. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus 500% of the index return, subject to a maximum return of 79.5%.

If the index finishes at or below the initial index level but at or above the trigger level, the payout will be par. The trigger level is 75% of the initial index level.

If the index finishes below the trigger level, investors will be exposed to the index’s decline from its initial level.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Barclays Bank plc
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$19,369,400
Maturity:	Feb. 3, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes above initial level, par plus 500% of index return, subject to 79.5% maximum return; if index finishes at or below initial level but at or above trigger level, par; if index finishes below trigger level, exposure to index’s decline from initial level
Initial index level:	3,609.29
Trigger level:	2,706.97, 75% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Barclays
Selected dealer:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	06746P837

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