New Issue: Barclays prices $3.4 million PLUS due 2020 linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Feb. 7 – Barclays Bank plc priced $3.4 million of 0% Performance Leveraged Upside Securities due May 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 17.1%.

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:	$3,403,470
Maturity:	May 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 17.1%; exposure to any losses
Initial level:	2,704.1
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Barclays
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	06746Y408

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