New Issue: Barclays sells $1.7 million leveraged market-linked notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 19 – Barclays Bank plc priced $1.7 million of 0% market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside due Aug. 21, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 115% times any index gain, up to a maximum return of 18%.

Investors will receive par if the index finishes flat or falls by up to 15% and lose 1% for each 1% decline beyond 15%.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$1.7 million
Maturity:	Aug. 21, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.15 times any index gain, capped at par plus 18%; par if index falls by up to 15%; 1% loss for every 1% drop beyond 15%
Initial price:	3,372.85
Buffer price:	2,866.9225, 85% of initial price
Pricing date:	Aug. 14
Settlement date:	Aug. 19
Agents:	Wells Fargo Securities, LLC and Barclays
Fees:	3.18%
Cusip:	06747QCA3

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