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Published on 12/17/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.59 million notes due 2022 linked to Russell

By Kiku Steinfeld

Chicago, Dec. 17– Barclays Bank plc priced $1.59 million of 0% notes due Nov. 23, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, capped at par plus 15.5%.

Investors will be fully exposed to any index decline.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:Euro Stoxx 50 index
Amount:$1,585,000
Maturity:Nov. 23, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 2 times any index gain, capped at par plus 15.5%; full exposure to losses
Initial index level:3,687.32
Pricing date:Nov. 22
Settlement date:Nov. 27
Agent:Barclays
Placement agents:J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:2%
Cusip:06747NPD0

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