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Published on 6/4/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.08 million market-linked notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 4 – Barclays Bank plc priced $2.08 million of 0% market-linked notes due June 4, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 100% of the index return, subject to a maximum return of 57%. If the final index level is less than or equal to the initial index level, the payout will be par.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Barclays Bank plc
Issue:Market-linked notes
Underlying index:S&P 500
Amount:$2,077,110
Maturity:June 4, 2025
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus 100% of index return, subject to 57% maximum return; if final index level is less than or equal to initial index level, par
Initial level:2,752.06
Pricing date:May 31
Settlement date:June 5
Agent:Barclays
Selected dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:06747B506

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