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Published on 6/15/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $750,000 of notes due 2022 tied to S&P, Stoxx, Topix

By Sarah Lizee

Olympia, Wash., June 15 – Barclays Bank plc priced $750,000 of 0% notes due June 17, 2022 linked to basket of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 50% weight, the Euro Stoxx 50 index with a 25% weight and the Topix index with a 25% weight.

The payout at maturity will be par plus 1.11 times any basket gain.

Investors will receive par if the basket is flat or declines.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying basket:S&P 500 (50% weight), Euro Stoxx 50 (25% weight) and Topix (25% weight)
Amount:$750,000
Maturity:June 17, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.11 times any basket gain; par if basket is flat or declines
Initial levels:2,775.63 for S&P 500, 3,479.56 for Euro Stoxx 50 and 1,800.37 for Topix
Pricing date:June 13
Settlement date:June 18
Agent:Barclays
Fees:0.7%
Cusip:06746XFD0

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