New Issue: Barclays sells $1 million capped contingent buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., April 10 – Barclays Bank plc priced $1 million of 0% capped contingent buffered notes due April 3, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the return, capped at 16%.

Investors will receive par if the index falls by up to 32.15% and will lose 1% for each 1% decline below the initial level if the index finishes below the 67.85% barrier level.

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

Issuer:	Barclays Bank plc
Issue:	Capped contingent buffered notes
Underlying index:	S&P 500
Amount:	$1 million
Maturity:	April 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes above the initial level, par plus the return, capped at 16%; par if the index falls by up to 32.15%; 1% loss for each 1% decline below the initial level if the index finishes below the barrier level
Initial level:	2,361.13
Barrier level:	1,602.03, 67.85% of initial level
Pricing date:	March 29
Settlement date:	April 3
Underwriter:	Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1.5%
Cusip:	06741VQT2

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