New Issue: Barclays sells $2.1 million leveraged market-linked notes on SPDR S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 11 – Barclays Bank plc priced $2.1 million of 0% market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside due Dec. 6, 2021 linked to the SPDR S&P 500 ETF trust, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% times any ETF gain, up to a maximum return of 21%.

Investors will receive par if the ETF finishes flat or falls by up to 10% and lose 1% for each 1% decline beyond 10%.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying ETF:	SPDR S&P 500 ETF trust
Amount:	$505,000
Maturity:	Dec. 6, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any ETF gain, capped at par plus 21%; par if ETF falls by up to 10%; 1% loss for every 1% drop beyond 10%
Initial price:	$275.27
Buffer price:	$247.743, 90% of initial price
Pricing date:	May 31
Settlement date:	June 5
Agents:	Wells Fargo Securities, LLC and Barclays
Fees:	3.1%
Cusip:	06747MRU2

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