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Published on 2/5/2020 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $37.59 million capped gears linked to basket of indexes

Chicago, Feb. 5 – Barclays Bank plc priced $37.59 million of 0% capped gears due March 31, 2021 linked to an unequally-weighted basket of six indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus three times the basket return up to a maximum gain of 19%.

Investors will be fully exposed to any losses in the basket if the basket return is negative.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:Barclays Bank plc
Issue:Capped gears
Underlying indexes:Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight
Amount:$37,585,190
Maturity:March 31, 2021
Price:Par of $10
Payout at maturity:Par of $10 plus 3 times the basket return up to a maximum gain of 19%; full exposure to losses of basket if return is negative
Initial levels:3,736.36 for Stoxx, 23,379.40 for Nikkei, 7,483.57 for FTSE, 7,031.523 for ASX, 10,859.88 for Swiss and 27,160.63 for Hang Seng
Pricing date:Jan. 29
Settlement date:Jan. 31
Agent:Barclays and UBS Financial Services Inc.
Fees:2%
Cusip:06747F507

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