Obbligazione Barclay PLC 0% ( US06747MS643 ) in USD

Emittente Barclay PLC
Prezzo di mercato 100 USD  ▼ 
Paese  Regno Unito
Codice isin  US06747MS643 ( in USD )
Tasso d'interesse 0%
Scadenza 31/05/2024 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Barclays PLC US06747MS643 in USD 0%, scaduta


Importo minimo 1 000 USD
Importo totale 9 398 000 USD
Cusip 06747MS64
Standard & Poor's ( S&P ) rating N/A
Moody's rating NR
Descrizione dettagliata Barclays PLC è una banca multinazionale britannica che offre una vasta gamma di servizi finanziari a clienti privati, aziende e istituzioni in tutto il mondo.

The Obbligazione issued by Barclay PLC ( United Kingdom ) , in USD, with the ISIN code US06747MS643, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 31/05/2024

The Obbligazione issued by Barclay PLC ( United Kingdom ) , in USD, with the ISIN code US06747MS643, was rated NR by Moody's credit rating agency.







https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
424B2 1 a19-10862_29424b2.htm 424B2 - 5 LN61 [BARC-AMERICAS.FID1054658]
Pricing Supplement dated May 28, 2019
Filed Pursuant to Rule 424(b)(2)
(To the Prospectus dated March 30, 2018, the Prospectus Supplement dated July 18, 2016 and the Index Supplement dated July 18, 2016)
Registration No. 333­212571
$9,398,000
Buffered SuperTrackSM Notes due May 31, 2024
Linked to the Performance of the S&P 500
® Index
Global Medium-Term Notes, Series A
Terms used in this pricing supplement, but not defined herein, shall have the meanings ascribed to them in the prospectus supplement.
Issuer:
Barclays Bank PLC
Denominations:
Minimum denomination of $1,000, and integral multiples of $1,000 in excess thereof
Initial Valuation Date:
May 28, 2019
Issue Date:
May 31, 2019
Final Valuation Date:*
May 28, 2024
Maturity Date:*
May 31, 2024
Reference Asset:
The S&P 500® Index (Bloomberg ticker symbol "SPX <Index>")
Payment at Maturity:
If you hold the Notes to maturity, you will receive on the Maturity Date a cash payment per $1,000 principal amount Note that you
hold determined as follows:
§
If the Reference Asset Return is greater than 0.00%, you will receive an amount per $1,000 principal amount Note
calculated as follows:
$1,000 + [$1,000 × Reference Asset Return]
§
If the Reference Asset Return is less than or equal to 0.00% but greater than or equal to -31.00%, you will receive a
payment of $1,000 per $1,000 principal amount Note
§
If the Reference Asset Return is less than -31.00%, you will receive an amount per $1,000 principal amount Note
calculated as follows:
$1,000 + [$1,000 × (Reference Asset Return + Buffer Percentage)]
If the Reference Asset Return is less than -31.00%, you will lose 1.00% of the principal amount of your Notes for every 1.00%
that the Reference Asset Return falls below -31.00%. You may lose up to 69.00% of the principal amount of your Notes at
maturity.
Any payment on the Notes, including any repayment of principal, is not guaranteed by any third party and is subject to (a) the
creditworthiness of Barclays Bank PLC and (b) the risk of exercise of any U.K. Bail-in Power (as described on page PS-4 of this
pricing supplement) by the relevant U.K. resolution authority. If Barclays Bank PLC were to default on its payment obligations
or become subject to the exercise of any U.K. Bail-in Power (or any other resolution measure) by the relevant U.K. resolution
authority, you might not receive any amounts owed to you under the Notes. See "Consent to U.K. Bail-in Power" and "Selected
Risk Considerations" in this pricing supplement and "Risk Factors" in the accompanying prospectus supplement for more
information.
Initial Value:
2,802.39, the Closing Value of the Reference Asset on the Initial Valuation Date
Final Value:
The Closing Value of the Reference Asset on the Final Valuation Date
Buffer Percentage:
31.00%
Reference Asset Return:
The performance of the Reference Asset from the Initial Value to the Final Value, calculated as follows:
Final Value ­ Initial Value
Initial Value
Closing Value:
The term "Closing Value" means the closing level of the Reference Asset, as further described under "Reference Assets--Indices
--Special Calculation Provisions" in the prospectus supplement
Consent to U.K. Bail-in
Notwithstanding any other agreements, arrangements or understandings between Barclays Bank PLC and any holder of the Notes,
Power:
by acquiring the Notes, each holder of the Notes acknowledges, accepts, agrees to be bound by, and consents to the exercise of, any
U.K. Bail-in Power by the relevant U.K. resolution authority. See "Consent to U.K. Bail-in Power" on page PS­2 of this pricing
supplement.
[Terms of the Notes Continue on the Next Page]
Initial Issue Price(1)(2)
Price to Public
Agent's Commission(3)
Proceeds to Barclays Bank PLC
Per Note
$1,000
100%
3.30%
96.70%
Total
$9,398,000
$9,398,000
$310,134
$9,087,866
(1)
Because dealers who purchase the Notes for sale to certain fee-based advisory accounts may forego some or all selling concessions, fees or commissions, the
public offering price for investors purchasing the Notes in such fee-based advisory accounts may be between $967.00 and $1,000 per Note. Investors that hold
their Notes in fee-based advisory or trust accounts may be charged fees by the investment advisor or manager of such account based on the amount of assets
held in those accounts, including the Notes
(2) Our estimated value of the Notes on the Initial Valuation Date, based on our internal pricing models, is $948.70 per Note. The estimated value is less than the
initial issue price of the Notes. See "Additional Information Regarding Our Estimated Value of the Notes" on page PS­3 of this pricing supplement.
(3) Barclays Capital Inc. will receive commissions from the Issuer of 3.30% of the principal amount of the Notes, or $33.00 per $1,000 principal amount. Barclays
1 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
Capital Inc. will use these commissions to pay selling concessions or fees (including custodial or clearing fees) to other dealers.
Investing in the Notes involves a number of risks. See "Risk Factors" beginning on page S­7 of the prospectus supplement and "Selected Risk
Considerations" beginning on page PS­6 of this pricing supplement.
We may use this pricing supplement in the initial sale of Notes. In addition, Barclays Capital Inc. or another of our affiliates may use this pricing
supplement in market resale transactions in any Notes after their initial sale. Unless we or our agent informs you otherwise in the confirmation of sale, this
pricing supplement is being used in a market resale transaction.
The Notes will not be listed on any U.S. securities exchange or quotation system. Neither the U.S. Securities and Exchange Commission (the "SEC") nor
any state securities commission has approved or disapproved of these Notes or determined that this pricing supplement is truthful or complete. Any
representation to the contrary is a criminal offense.
The Notes constitute our unsecured and unsubordinated obligations. The Notes are not deposit liabilities of Barclays Bank PLC and are not covered by the U.K.
Financial Services Compensation Scheme or insured by the U.S. Federal Deposit Insurance Corporation or any other governmental agency or deposit insurance
agency of the United States, the United Kingdom or any other jurisdiction.
2 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
Terms of the Notes, Continued
Calculation Agent:
Barclays Bank PLC
CUSIP / ISIN:
06747MS64 / US06747MS643
*
Subject to postponement, as described under "Additional Terms of the Notes" in this pricing supplement
3 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
ADDITIONAL DOCUMENTS RELATED TO THE OFFERING OF THE NOTES
You should read this pricing supplement together with the prospectus dated March 30, 2018, as supplemented by the prospectus
supplement dated July 18, 2016 and the index supplement dated July 18, 2016, relating to our Global Medium-Term Notes,
Series A, of which these Notes are a part. This pricing supplement, together with the documents listed below, contains the terms of
the Notes and supersedes all prior or contemporaneous oral statements as well as any other written materials including preliminary
or indicative pricing terms, correspondence, trade ideas, structures for implementation, sample structures, brochures or other
educational materials of ours. You should carefully consider, among other things, the matters set forth under "Risk Factors" in the
prospectus supplement and "Selected Risk Considerations" in this pricing supplement, as the Notes involve risks not associated
with conventional debt securities. We urge you to consult your investment, legal, tax, accounting and other advisors before you
invest in the Notes.
When you read the prospectus supplement and the index supplement, note that all references to the prospectus dated July 18, 2016,
or to any sections therein, should refer instead to the accompanying prospectus dated March 30, 2018, or to the corresponding
sections of that prospectus.
You may access these documents on the SEC website at www.sec.gov as follows (or if such address has changed, by reviewing our
filings for the relevant date on the SEC website):
·
Prospectus dated March 30, 2018:
https://www.sec.gov/Archives/edgar/data/312070/000119312518103150/d561709d424b3.htm
·
Prospectus Supplement dated July 18, 2016:
https://www.sec.gov/Archives/edgar/data/312070/000110465916132999/a16-14463_21424b3.htm
·
Index Supplement dated July 18, 2016:
https://www.sec.gov/Archives/edgar/data/312070/000110465916133002/a16-14463_22424b3.htm
Our SEC file number is 1­10257. As used in this pricing supplement, "we," "us," or "our" refers to Barclays Bank PLC.
PS-1
4 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
CONSENT TO U.K. BAIL-IN POWER
Notwithstanding any other agreements, arrangements or understandings between us and any holder of the Notes, by acquiring the
Notes, each holder of the Notes acknowledges, accepts, agrees to be bound by, and consents to the exercise of, any U.K. Bail-in
Power by the relevant U.K. resolution authority.
Under the U.K. Banking Act 2009, as amended, the relevant U.K. resolution authority may exercise a U.K. Bail-in Power in
circumstances in which the relevant U.K. resolution authority is satisfied that the resolution conditions are met. These conditions
include that a U.K. bank or investment firm is failing or is likely to fail to satisfy the Financial Services and Markets Act 2000 (the
"FSMA") threshold conditions for authorization to carry on certain regulated activities (within the meaning of section 55B FSMA)
or, in the case of a U.K. banking group company that is a European Economic Area ("EEA") or third country institution or
investment firm, that the relevant EEA or third country relevant authority is satisfied that the resolution conditions are met in
respect of that entity.
The U.K. Bail-in Power includes any write-down, conversion, transfer, modification and/or suspension power, which allows for
(i) the reduction or cancellation of all, or a portion, of the principal amount of, interest on, or any other amounts payable on, the
Notes; (ii) the conversion of all, or a portion, of the principal amount of, interest on, or any other amounts payable on, the Notes
into shares or other securities or other obligations of Barclays Bank PLC or another person (and the issue to, or conferral on, the
holder of the Notes such shares, securities or obligations); and/or (iii) the amendment or alteration of the maturity of the Notes, or
amendment of the amount of interest or any other amounts due on the Notes, or the dates on which interest or any other amounts
become payable, including by suspending payment for a temporary period; which U.K. Bail-in Power may be exercised by means
of a variation of the terms of the Notes solely to give effect to the exercise by the relevant U.K. resolution authority of such U.K.
Bail-in Power. Each holder of the Notes further acknowledges and agrees that the rights of the holders of the Notes are subject to,
and will be varied, if necessary, solely to give effect to, the exercise of any U.K. Bail-in Power by the relevant U.K. resolution
authority. For the avoidance of doubt, this consent and acknowledgment is not a waiver of any rights holders of the Notes may have
at law if and to the extent that any U.K. Bail-in Power is exercised by the relevant U.K. resolution authority in breach of laws
applicable in England.
For more information, please see "Selected Risk Considerations--You May Lose Some or All of Your Investment If Any
U.K. Bail-in Power Is Exercised by the Relevant U.K. Resolution Authority" in this pricing supplement as well as "U.K.
Bail-in Power," "Risk Factors--Risks Relating to the Securities Generally--Regulatory action in the event a bank or
investment firm in the Group is failing or likely to fail could materially adversely affect the value of the securities" and
"Risk Factors--Risks Relating to the Securities Generally--Under the terms of the securities, you have agreed to be bound
by the exercise of any U.K. Bail-in Power by the relevant U.K. resolution authority" in the accompanying prospectus
supplement.
PS-2
5 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
ADDITIONAL INFORMATION REGARDING OUR ESTIMATED VALUE OF THE NOTES
Our internal pricing models take into account a number of variables and are based on a number of subjective assumptions, which
may or may not materialize, typically including volatility, interest rates, and our internal funding rates. Our internal funding rates
(which are our internally published borrowing rates based on variables such as market benchmarks, our appetite for borrowing, and
our existing obligations coming to maturity) may vary from the levels at which our benchmark debt securities trade in the
secondary market. Our estimated value on the Initial Valuation Date is based on our internal funding rates. Our estimated value of
the Notes may be lower if such valuation were based on the levels at which our benchmark debt securities trade in the secondary
market.
Our estimated value of the Notes on the Initial Valuation Date is less than the initial issue price of the Notes. The difference
between the initial issue price of the Notes and our estimated value of the Notes results from several factors, including any sales
commissions to be paid to Barclays Capital Inc. or another affiliate of ours, any selling concessions, discounts, commissions or fees
to be allowed or paid to non-affiliated intermediaries, the estimated profit that we or any of our affiliates expect to earn in
connection with structuring the Notes, the estimated cost which we may incur in hedging our obligations under the Notes, and
estimated development and other costs which we may incur in connection with the Notes.
Our estimated value on the Initial Valuation Date is not a prediction of the price at which the Notes may trade in the secondary
market, nor will it be the price at which Barclays Capital Inc. may buy or sell the Notes in the secondary market. Subject to normal
market and funding conditions, Barclays Capital Inc. or another affiliate of ours intends to offer to purchase the Notes in the
secondary market but it is not obligated to do so.
Assuming that all relevant factors remain constant after the Initial Valuation Date, the price at which Barclays Capital Inc. may
initially buy or sell the Notes in the secondary market, if any, and the value that we may initially use for customer account
statements, if we provide any customer account statements at all, may exceed our estimated value on the Initial Valuation Date for a
temporary period expected to be approximately six months after the Issue Date because, in our discretion, we may elect to
effectively reimburse to investors a portion of the estimated cost of hedging our obligations under the Notes and other costs in
connection with the Notes which we will no longer expect to incur over the term of the Notes. We made such discretionary election
and determined this temporary reimbursement period on the basis of a number of factors, which may include the tenor of the Notes
and/or any agreement we may have with the distributors of the Notes. The amount of our estimated costs which we effectively
reimburse to investors in this way may not be allocated ratably throughout the reimbursement period, and we may discontinue such
reimbursement at any time or revise the duration of the reimbursement period after the initial Issue Date of the Notes based on
changes in market conditions and other factors that cannot be predicted.
We urge you to read the "Selected Risk Considerations" beginning on page PS­6 of this pricing supplement.
PS-3
6 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
SELECTED PURCHASE CONSIDERATIONS
The Notes are not suitable for all investors. The Notes may be a suitable investment for you if all of the following statements are
true:
·
You do not seek an investment that produces periodic interest or coupon payments or other sources of current income.
·
You anticipate that the Reference Asset Return will be greater than 0.00%.
·
You can tolerate a loss of up to 69.00% of the principal amount.
·
You understand and are willing and able to accept the risks associated with an investment linked to the performance of the
Reference Asset.
·
You understand and accept that you will not be entitled to receive dividends or distributions that may be paid to holders of
the securities composing the Reference Asset, nor will you have any voting rights with respect to the securities composing
the Reference Asset.
·
You can tolerate fluctuations in the price of the Notes prior to scheduled maturity that may be similar to or exceed the
downside fluctuations in the value of the Reference Asset.
·
You do not seek an investment for which there will be an active secondary market, and you are willing and able to hold the
Notes to maturity.
·
You are willing and able to assume our credit risk for all payments on the Notes.
·
You are willing and able to consent to the exercise of any U.K. Bail-in Power by any relevant U.K. resolution authority.
The Notes may not be a suitable investment for you if any of the following statements are true:
·
You seek an investment that produces periodic interest or coupon payments or other sources of current income.
·
You do not anticipate that the Reference Asset Return will be greater than 0.00%.
·
You seek an investment that provides for the full repayment of principal at maturity and/or you are unwilling or unable to
accept the risk that you may lose up to 69.00% of the principal amount of your Notes.
·
You do not understand and/or are unwilling or unable to accept the risks associated with an investment linked to the
performance of the Reference Asset.
·
You seek an investment that entitles you to dividends or distributions on, or voting rights related to, the securities
composing the Reference Asset.
·
You cannot tolerate fluctuations in the price of the Notes prior to scheduled maturity that may be similar to or exceed the
downside fluctuations in the value of the Reference Asset.
·
You seek an investment for which there will be an active secondary market, and/or you are unwilling or unable to hold the
Notes to maturity.
·
You prefer the lower risk, and therefore accept the potentially lower returns, of fixed income investments with comparable
maturities and credit ratings.
·
You are unwilling or unable to assume our credit risk for all payments on the Notes.
·
You are unwilling or unable to consent to the exercise of any U.K. Bail-in Power by any relevant U.K. resolution authority.
You must rely on your own evaluation of the merits of an investment in the Notes. You should reach a decision whether to invest
in the Notes after carefully considering, with your advisors, the suitability of the Notes in light of your investment objectives and
the specific information set out in this pricing supplement, the prospectus supplement, the prospectus and the index supplement.
Neither the Issuer nor Barclays Capital Inc. makes any recommendation as to the suitability of the Notes for investment.
ADDITIONAL TERMS OF THE NOTES
The Final Valuation Date and the Maturity Date are subject to postponement in certain circumstances, as described under
"Reference Assets--Indices--Market Disruption Events for Securities with an Index of Equity Securities as a Reference Asset"
and "Terms of the Notes--Payment Dates" in the accompanying prospectus supplement.
In addition, the Reference Asset and the Notes are subject to adjustment by the Calculation Agent under certain circumstances, as
described under "Reference Assets--Indices--Adjustments Relating to Securities with an Index as a Reference Asset" in the
accompanying prospectus supplement.
7 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
PS-4
8 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
HYPOTHETICAL EXAMPLES OF AMOUNTS PAYABLE AT MATURITY
The following table illustrates the hypothetical payment at maturity under various circumstances. The "total return" as used in these
examples is the number, expressed as a percentage, that results from comparing the payment at maturity per $1,000 principal
amount Note to $1,000. The examples set forth below are purely hypothetical and are provided for illustrative purposes only and
may not be the actual total returns applicable to a purchaser of the Notes. The numbers appearing in the following table and
examples have been rounded for ease of analysis. The hypothetical examples below do not take into account any tax consequences
from investing in the Notes and make the following key assumption:
§
Hypothetical Initial Value: 100.00*
* The hypothetical Initial Value of 100.00 has been chosen for illustrative purposes only. The actual Initial Value is as set forth on
the cover of this pricing supplement.
Reference Asset
Final Value
Payment at Maturity**
Total Return on Notes
Return
150.00
50.00%
$1,500.00
50.00%
140.00
40.00%
$1,400.00
40.00%
130.00
30.00%
$1,300.00
30.00%
120.00
20.00%
$1,200.00
20.00%
110.00
10.00%
$1,100.00
10.00%
105.00
5.00%
$1,050.00
5.00%
100.00
0.00%
$1,000.00
0.00%
90.00
-10.00%
$1,000.00
0.00%
80.00
-20.00%
$1,000.00
0.00%
70.00
-30.00%
$1,000.00
0.00%
69.00
-31.00%
$1,000.00
0.00%
60.00
-40.00%
$930.00
-7.00%
50.00
-50.00%
$830.00
-17.00%
40.00
-60.00%
$730.00
-27.00%
30.00
-70.00%
$630.00
-37.00%
20.00
-80.00%
$530.00
-47.00%
10.00
-90.00%
$430.00
-57.00%
0.00
-100.00%
$330.00
-67.00%
** per $1,000 principal amount Note
The following examples illustrate how the total returns set forth in the table above are calculated:
Example 1: The value of the Reference Asset increases from an Initial Value of 100.00 to a Final Value of 110.00.
Because the Reference Asset Return is greater than 0.00%, you will receive a payment at maturity of $1,100.00 per $1,000.00
principal amount Note that you hold, calculated as follows:
$1,000 + [$1,000 × Reference Asset Return]
$1,000 + [$1,000 × 10.00%] = $1,100.00
The total return on investment of the Notes is 10.00%.
Example 2: The value of the Reference Asset decreases from an Initial Value of 100.00 to a Final Value of 90.00.
Because the Reference Asset Return is less than or equal to 0.00% but greater than or equal to -31.00%, you will receive a payment
at maturity of $1,000 per $1,000 principal amount Note that you hold.
The total return on investment of the Notes is 0.00%.
Example 3: The value of the Reference Asset decreases from an Initial Value of 100.00 to a Final Value of 50.00.
Because the Reference Asset Return is less than -31.00%, you will receive a payment at maturity of $830.00 per $1,000 principal
amount Note that you hold, calculated as follows:
$1,000 + [$1,000 × (Reference Asset Return + Buffer Percentage)]
$1,000 + [$1,000 × (-50.00% + 31.00%)] = $830.00
The total return on investment of the Notes is -19.00%.
9 of 18
5/31/2019, 10:50 AM


https://www.sec.gov/Archives/edgar/data/312070/000110465919032744...
PS-5
10 of 18
5/31/2019, 10:50 AM