New Issue: Barclays prices $4.14 million PLUS due 2020 linked to S&P 500

By Sarah Lizee

Olympia, Wash., Nov. 5 – Barclays Bank plc priced $4.14 million of 0% Performance Leveraged Upside Securities due Feb. 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 of $10 plus triple any index gain, up to a maximum payout of par plus 14.25%.

Investors will be exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$4,135,630
Maturity:	Feb. 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 14.25%; exposure to any losses
Initial level:	2,711.74
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	Barclays
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	06746U125

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