New Issue: Barclays sells $5.53 million leveraged buffered market-linked notes on S&P

By Sarah Lizee

Olympia, Wash., Sept. 5 – Barclays Bank plc priced $5.53 million of 0% market-linked notes – leveraged upside participation to a cap and fixed percentage buffered downside – due Sept. 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 1.5 times any index gain, up to a maximum payout of par plus 52%.

If the index falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% index decline beyond 15%.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked notes – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500
Amount:	$5,529,000
Maturity:	Sept. 6, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, up to a maximum of par plus 52%; par if index falls by up to 15%; otherwise, 1% loss for every 1% index decline beyond 15%
Initial level:	2,901.52
Threshold level:	2,466.292, 85% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agents:	Wells Fargo Securities, LLC and Barclays
Fees:	4.504%
Cusip:	06746XLD3

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