New Issue: Barclays sells $2.27 million capped buffered return notes on S&P 500

By Sarah Lizee

Olympia, Wash., Aug. 7 – Barclays Bank plc priced $2.27 million of 0% capped buffered return enhanced notes due Aug. 5, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times any index gain, up to a maximum payout of par plus 16%.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

Barclays is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffered return enhanced notes
Underlier:	S&P 500 index
Amount:	$2.27 million
Maturity:	Aug. 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, capped at par plus 16%; par if index declines by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial value:	2,840.35
Pricing date:	Aug. 3
Settlement date:	Aug. 8
Agents:	Barclays, with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1.5%
Cusip:	06746XLQ4

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