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Published on 12/28/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $5.41 million six-year trigger PLUS linked to S&P 500

Chicago, Dec. 28 – Barclays Bank plc priced $5.41 million of 0% trigger Performance Leveraged Upside Securities due Dec. 4, 2024 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 139.5% of the index gain.

If the index falls but finishes at or above its 65% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management as a dealer.

Issuer:Barclays Bank plc
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$5,412,460
Maturity:Dec. 4, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 139.5% of any index gain; if index falls but finishes at or above trigger level, par; otherwise, 1% loss per 1% decline
Initial level:2,760.17
Trigger level:1,794.11, 65% of initial index level
Pricing date:Nov. 30
Settlement date:Dec. 5
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:0.35%
Cusip:06746V818

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