New Issue: Barclays prices $11.34 million of 14-month capped gears tied to S&P 500

By Susanna Moon

Chicago, Feb. 8 – Barclays Bank plc priced $11.34 million of 0% gears due March 31, 2020 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 triple any index gain, up to a maximum return of 15.42%.

Investors will lose 1% for every 1% decline.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped gears
Underlying index:	S&P 500
Amount:	$11,335,820
Maturity:	March 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any index gain, capped at 15.42%; exposure to any losses
Initial index level:	2,643.85
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agents:	Barclays and UBS Financial Services Inc.
Fees:	2%
Cusip:	06746Y796

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