New Issue: Barclays prices $3 million capped buffered notes on MSCI EAFE index

By Sarah Lizee

Olympia, Wash., Aug. 21 – Barclays Bank plc priced $3 million of 0% capped buffered notes due Feb. 20, 2020 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index, with payout capped at par plus 19%.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline in the index beyond the 15% buffer.

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

Issuer:	Barclays Bank plc
Issue:	Capped buffered notes
Underlying index:	MSCI EAFE index
Amount:	$3 million
Maturity:	Feb. 20, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain in the index, capped at par plus 19%; par if the index falls by up to 15%; 1.1765% loss for every 1% decline in the index beyond the 15% buffer
Initial level:	1,927.78
Buffer level:	1,638.61, 85% of initial level
Final level:	Average of index closing levels on five trading days ending Feb. 14, 2020
Pricing date:	Aug. 17
Settlement date:	Aug. 22
Underwriter:	Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	0.75%
Cusip:	06746XMZ3

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