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Published on 7/18/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.12 million notes due 2021 linked basket of indexes

By Sarah Lizee

Olympia, Wash., July 18 – Barclays Bank plc priced $2.12 million of 0% notes due July 16, 2021 linked to an equally-weighted basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Russell 2000 index and the Euro Stoxx Select Dividend 30 index.

The payout at maturity will be par plus 1.12 times any basket gain.

Investors will receive par if the basket falls by up to 5% and will lose 1% for each 1% decline beyond 5%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying basket:S&P 500, Russell 2000, Euro Stoxx Select Dividend 30
Amount:$2,121,000
Maturity:July 16, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.12 times any basket gain; par if basket falls by up to 5%; 1% loss for every 1% decline beyond 5%
Pricing date:July 13
Settlement date:July 18
Agent:Barclays
Fees:0.8%
Cusip:06746XGV9

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