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Published on 3/16/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.36 million leveraged market-linked notes tied to S&P

By Susanna Moon

Chicago, March 15 – Barclays Bank plc priced $1.36 million of 0% market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside due March 6, 2023 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% times any index gain, up to a maximum return of 52%.

Investors will receive par if the index finishes falls by up to 15% and lose 1% for each 1% decline beyond 15%.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:S&P 500
Amount:$1,363,000
Maturity:March 6, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain, capped at 52%; par if index falls by up to 15%; 1% loss for every 1% drop beyond 15%
Initial level:2,713.83
Pricing date:Feb. 28
Settlement date:March 7
Agents:Wells Fargo Securities, LLC and Barclays
Fees:4.5%
Cusip:06744CVB4

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