New Issue: Barclays prices $5.79 million of digital notes linked to S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, May 12 – Barclays Bank plc priced $5.79 million of digital notes due May 15, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be the maximum settlement amount of $1,102 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying index:	S&P 500
Amount:	$5,785,000
Maturity:	May 15, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,102; 1.1765% loss for every 1% that index declines beyond 15%
Initial index level:	2,084.39
Pricing date:	May 10
Settlement date:	May 17
Agent:	Barclays
Fees:	2%
Cusip:	06741V3L4

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