New Issue: Barclays sells $6.98 million Accelerated Return Notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 10 – Barclays Bank plc priced $6.98 million of 0% Accelerated Return Notes due Sept. 27, 2019 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 of $10 plus triple any index gain, up to a maximum return of 16.4%. Investors will be exposed to any index decline.

The initial index level will be the lowest closing level of the index during the one-month period beginning on the pricing date.

BofA Merrill Lynch is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying index:	S&P 500
Amount:	$6,984,380
Maturity:	Sept. 27, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 16.4%; exposure to any index decline
Initial index level:	Lowest closing level during the period from the pricing date to Oct. 30
Final index level:	Average of index’s closing levels on five trading days ending Sept. 24, 2019
Pricing date:	Sept. 28
Settlement date:	Oct. 5
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06746L257

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