New Issue: Barclays prices $12.43 million contingent market-linked notes on S&P

By Sarah Lizee

Olympia, Wash., June 15 – Barclays Bank plc priced $12.43 million of 0% market-linked securities due June 15, 2022 – contingent fixed return and contingent downside linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes flat or positive, the payout will be par plus 19%.

If the index declines by up to 20%, the payout will be par.

If the index declines by more than 20%, investors will be fully exposed to the decline.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Market linked securities – contingent fixed return and contingent downside
Underlying index:	S&P 500 index
Amount:	$12,427,000
Maturity:	June 15, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes flat or positive, par plus 19%; if the index declines by up to 20%, par; if the index declines by more than 20%, investors will be fully exposed to the decline
Initial level:	3,190.14
Downside threshold:	2,552.112, 80% of initial level
Pricing date:	June 10
Settlement date:	June 15
Agents:	Wells Fargo Securities, LLC and Barclays
Fees:	2.42%
Cusip:	06747PVS5

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