New Issue: Barclays sells $2.44 million notes due 2022 linked to S&P 500 index

By Sarah Lizee

Olympia, Wash., May 30 – Barclays Bank plc priced $2.44 million of 0% notes due May 25, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the gain, capped at par plus 15.15%.

If the index falls, the payout will be par.

Barclays is the agent. JPMorgan is the placement agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying index:	S&P 500
Amount:	$2,438,000
Maturity:	May 25, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at par plus 15.15%; otherwise par
Initial index level:	2,826.06
Pricing date:	May 24
Settlement date:	May 30
Agent:	Barclays with JPMorgan as placement agent
Fees:	2%
Cusip:	06747MSN7

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