New Issue: Barclays prices $2.69 million buffered digital plus notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Nov. 1 – Barclays Bank plc priced $2.69 million of 0% buffered digital plus notes due Oct. 31, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be par plus the greater of 18.75% and the index return, subject to a maximum return of 50%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital plus notes
Underlying index:	S&P 500
Amount:	$2,685,000
Maturity:	Oct. 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, par plus greater of index return and 18.75%, subject to maximum return of 50%; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:	3,039.42
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Barclays
Fees:	3.55%
Cusip:	06747NJN5

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