New Issue: Barclays sells $1.04 million buffered PLUS tied to Topix index

By Tali Rackner

Minneapolis, April 30 – Barclays Bank plc priced $1.04 million of 0% buffered Performance Leveraged Upside Securities due Nov. 4, 2020 linked to the Topix index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum payment of $14.50 per $10.00 PLUS.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.

Barclays is the agent. Morgan Stanley Wealth Management is acting as dealer.

Issuer:	Barclays Bank plc
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Topix index
Amount:	$1,035,900
Maturity:	Nov. 4, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus double any index gain, capped at $14.50 per PLUS; par if index declines by 10% or less; full exposure to losses beyond 10%
Initial level:	1,729.36
Buffer amount:	1,556.424; 10% of initial level
Pricing date:	April 13
Settlement date:	April 18
Agent:	Barclays
Dealer:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	06746R858

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