New Issue: Barclays sells $900,000 contingent buffered notes tied to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Oct. 18 – Barclays Bank plc priced $900,000 of 0% contingent buffered notes due April 17, 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 plus any index gain.

If the index falls but finishes at or above the 86.55% barrier level, the payout will be par.

If the index finishes below the barrier level, investors will lose 1% for each 1% decline below the initial level.

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

Issuer:	Barclays Bank plc
Issue:	Contingent buffered notes
Underlying index:	S&P 500
Amount:	$900,000
Maturity:	April 17, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus return; if index falls but finishes at or above barrier level, par; otherwise, 1% loss for each 1% index decline
Initial index level:	2,553.17
Barrier level:	2,209.77, 86.55% of initial level
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Agent:	Barclays with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1.25%
Cusip:	06744CC6

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