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Published on 12/19/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $850,000 autocallable notes linked to FTSE 100

Chicago, Dec. 19 – Barclays Bank plc priced $850,000 of 0% autocallable notes due Dec. 8, 2022 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus an annual premium of 11.7% after one year if on any annual call valuation date the index closes above its initial level.

If the index closes above its initial level, investors will receive the relevant call value for that date.

Investors will receive par if the index falls by up to 10% and will be fully expose to losses if the index finishes below 90% of its initial level.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Autocallable notes
Underlying index:FTSE 100
Amount:$850,000
Maturity:Dec. 8, 2022
Coupon:0%
Price:Par
Call:Automatically at par plus annual premium of 11.7% if index finishes above initial level on annual call date, including maturity date
Payout at maturity:Par plus relevant call premium if final index value is above initial level; par if index falls but not beyond 90% of initial level; full exposure to losses for drop beyond 10%
Initial index level:7,188.50
Barrier level:6,469.65, 90% of initial level
Pricing date:Dec. 4
Settlement date:Dec. 9
Agent:Barclays
Fees:2.25%
Cusip:06747NTG9

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