New Issue: Barclays sells $2.89 million capped buffer gears on Russell 2000

By Sarah Lizee

Olympia, Wash., May 31 – Barclays Bank plc priced $2.89 million of 0% capped buffer gears due May 28, 2021 linked to the Russell 2000 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 double the return, up to a maximum gain of 19.5%.

If the index falls by up to 10%, the payout will be par. Investors will be exposed to any losses beyond the buffer.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffer gears
Underlying index:	Russell 2000 index
Amount:	$2,891,000
Maturity:	May 28, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, return capped at 19.5%; par if index falls by up to 10%; exposure to any losses beyond the buffer
Initial level:	1,504.019
Downside threshold:	1,353.617, 90% of initial level
Pricing date:	May 28
Settlement date:	May 31
Agents:	Barclays and UBS Financial Services Inc.
Fees:	2%
Cusip:	06747A276

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