New Issue: Barclays prices $1.84 million digital notes linked to S&P 500

By Kiku Steinfeld

Chicago, Aug. 28 – Barclays Bank plc priced $1.84 million of 0% digital notes due Sept. 9, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the buffer value, 70% of the initial index level, the payout at maturity will be par plus 5.05%. If the final index level is less than the buffer value, investors will lose 1% for every 1% that the index declines beyond 30%.

Barclays is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA acting as the placement agent.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying index:	S&P 500
Amount:	$1,835,000
Maturity:	Sept. 9, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to buffer value, par plus 5.05%; if final index level is less than buffer value, 1 % loss for every 1% that index declines beyond 30%
Initial level:	3,397.16
Final index level:	Average of index’s closing levels on five trading days ending Sept. 3, 2021
Buffer value:	2,378.01, 870 of initial index level
Pricing date:	Aug. 21
Settlement date:	Aug. 26
Agents:	Barclays with J.P. Morgan Securities LLC with JPMorgan Chase Bank, NA as placement agent
Fees:	1%
Cusip:	06747QEX1

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