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FINAL SIMPLIFIED PROSPECTUS

(23/10/19)

Series Number: NX00237012 ISIN: CH0507436233


Issued under the Offering Circular dated 20 June 2019 Common Code: 203026595
Product Code: 201710-015 Valoren: 50743623
RIC: CH50743623=BARL

FINAL SIMPLIFIED PROSPECTUS


Worst-of Autocallable Reverse Convertible Notes linked to a Basket of ETFs
CAPITAL AT RISK
PROHIBITION OF SALES TO EEA RETAIL INVESTORS: The Securities are not intended to be offered, sold or otherwise made available to and should not
be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA Retail Investor"). For these purposes, an EEA
Retail Investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended
from time to time, "MiFID II"); (ii) a customer within the meaning of the Insurance Mediation Directive (Directive 2002/92/EC (as amended from time
to time)) ("IMD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified
investor as defined in Directive 2003/71/EC (as amended or superseded, the "Prospectus Directive"). Consequently no key information document
required by Regulation (EU) No 1286/2014 (as amended from time to time, the "PRIIPs Regulation") for offering or selling the Securities or otherwise
making them available to EEA Retail Investors has been prepared and therefore offering or selling the Securities or otherwise making them available
to any EEA Retail Investor may be unlawful under the PRIIPs Regulation.

SUMMARY TERMS

THIS SIMPLIFIED PROSPECTUS IS A REGULATORY INFORMATION DOCUMENT OF THE ECONOMIC TERMS. FOR FURTHER INFORMATION PLEASE
REFER TO THE PARAGRAPH “DOCUMENTATION” BELOW IN THIS DOCUMENT.

The Risk Factors set out in the Offering Circular and this Simplified Prospectus highlight some, but not all, of the risks of
investing in this investment product.
The Issuer makes no representations as to the suitability of this investment product for any particular investor nor as to the
future performance of this investment product.
Prior to making any investment decision, investors should satisfy themselves that they fully understand the risks relating to
this investment product and seek professional advice as they deem necessary.
THIS DOCUMENT CONSTITUTES THE PRODUCT’S SIMPLIFIED PROSPECTUS IN ACCORDANCE WITH ARTICLE 5 OF THE FEDERAL
ACT ON SWISS COLLECTIVE INVESTMENT SCHEMES (CISA). THIS PRODUCT IS NOT A COLLECTIVE INVESTMENT SCHEME
AS PER THE FEDERAL ACT ON COLLECTIVE INVESTMENT SCHEMES (CISA) AND IS NOT SUBJECT TO THE AUTHORISATION
OR SUPERVISION BY THE SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY (FINMA). THEREFORE, INVESTORS IN THIS
PRODUCT ARE NOT ELIGIBLE FOR THE SPECIFIC INVESTOR PROTECTION UNDER THE CISA. INVESTORS BEAR THE ISSUER
RISK.
Any capitalised terms not defined in this document will have the meaning as defined in the relevant Pricing Supplement and
the Offering Circular dated 20 June 2019.

THESE SECURITIES HAVE NOT BEEN ISSUED UNDER A PROSPECTUS IN ACCORDANCE WITH DIRECTIVE 2003/71/EC OF THE
EUROPEAN PARLIAMENT AND THE COUNCIL OF 4 NOVEMBER 2003, AS AMENDED BY DIRECTIVE 2010/73/EU.
THIS DOCUMENT IS NOT AVAILABLE IN ONE OF SWITZERLAND’S OFFICIAL LANGUAGES.

1. PRODUCT DESCRIPTION

SUMMARY DESCRIPTION

The product is issued as Notes in USD and aims to pay conditional coupons on a periodic basis for the life of the Securities. Whether or not the coupons are
payable will be determined based on the performance of each Basket Constituent, as described below. If a coupon is paid, Securityholders will also receive
any coupons that were previously not paid. The Securities have an early redemption feature whereby, depending on the performance of each Basket Constituent
which is evaluated on a periodic basis, the Securities may redeem early and Securityholders will receive 100% of the Calculation Amount in such circumstance.
If the Securities have not redeemed early, the amount payable at maturity for each Note (the "Redemption Amount") will be determined by reference to the
price of the Worst Performing Basket Constituent on the Final Valuation Date. Therefore, the Redemption Amount will be either a cash amount equal to
100% of the Calculation Amount or a cash amount determined by reference to the performance of the Worst Performing Basket Constituent, as described
below.

PRODUCT DETAILS

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Issuer Barclays Bank PLC ("Barclays" or the "Issuer")
A bank incorporated in England with its registered head office in 1 Churchill Place, London E14 5 HP, England,
and authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and
the Prudential Regulation Authority.
Issuer Rating (Long Term) A2 (Moody's); last updated 05/04/2018/ A (S&P); last updated 17/10/2017 / A+ (Fitch); last updated
20/12/2018
Type of Security Note
Issue Currency United States Dollar ("USD")
Aggregate Nominal Amount USD 3,000,000
Specified Denomination USD 1,000
Minimum Tradable Amount USD 1,000 (and USD 1,000 thereafter)
During the life of the Securities, there may be no sales or partial redemptions of Securities in amounts less than
the Minimum Tradable Amount.
Minimum Investment Amount USD 1,000
Calculation Amount per Security USD 1,000
Issue Price 100.00% of the Specified Denomination
SVSP Product Type Reverse Convertible (SVSP: 1220; autocall) (Coupon at Risk)
Security No. Valor: 50743623
ISIN: CH0507436233

Reference Asset[s] A basket comprised of 4 ETFs, each of which is set out in the table below (each, a "Basket Constituent" and
together, the “Basket of Equities”). For the purposes of this Security an “ETF” is an Exchange Traded Fund,
which is “Share” for the purposes of this Security:

i Reference Asset Type Bloomberg Code ISIN Reference Exchange Related Initial Price Strike Interest
(for identification Asset Exchange Price (65.00% Barrier
purposes only) Currency of Initial Price (65.00% of
displayed to 4 Initial Price
d.p.) displayed to 4
d.p.)
1 ISHARES MSCI BRAZIL ETF EWZ UP US4642864007 USD NYSE Arca All Exchanges 44.46 28.8990 28.8990
CAPPED ETF

2 VANECK RUSSIA ETF ETF RSX UP US92189F4037 USD NYSE Arca All Exchanges 23.59 15.3335 15.3335

3 ISHARES CHINA ETF FXI UP US4642871846 USD NYSE Arca All Exchanges 41.26 26.8190 26.8190
LARGE-CAP ETF

4 WISDOMTREE INDIA ETF EPI UP US97717W4226 USD NYSE Arca All Exchanges 24.19 15.7235 15.7235
EARNINGS

Settlement Method Cash


Settlement Currency USD

INTEREST

Interest (coupon(s)) Provided that a Specified Early Redemption Event has not occurred prior to the relevant Interest Valuation Date
as determined by the Calculation / Determination Agent, in respect of the relevant Interest Payment Date:
(i) If the Valuation Price of each Basket Constituent on the relevant Interest Valuation Date is at or above its
Interest Barrier:
2.19% x Calculation Amount + Y x 2.19% x Calculation Amount; or
(ii) Otherwise, zero.
Where:
“Y” means the number of previous Interest Payment Dates for which no interest was paid (after which such
Interest Payment Date(s) shall be considered to have had interest paid).
Quoting Type Secondary market prices are quoted in percentage and “dirty”; meaning accrued interest is included in the
price.

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DATES

Trade Date 23 October 2019


Issue Date 30 October 2019
Initial Valuation Date 23 October 2019
Final Valuation Date 24 October 2022
Valuation Date The Initial Valuation Date, the Final Valuation Date, each Interest Valuation Date and each Autocall Valuation
Date.
Valuation Time The time at which the official closing price of the Basket Constituent is published by the relevant Exchange
Specified Early Cash Redemption Date Each date set out in the table of the definition of Autocall Valuation Date below in the column entitled “Specified
Early Cash Redemption Dates”.
Specified Early Redemption Notice At least 5 Business Days
Period
Redemption Date 31 October 2022
Interest Valuation Dates Each date set out in the table of the definition of Interest Payment Dates below in the column entitled “Interest
Valuation Dates”.
Interest Payment Dates Each date set out in the table below in the column entitled “Interest Payment Dates”.

Interest Valuation Date(s) Interest Payment Date(s)

23 January 2020 30 January 2020

23 April 2020 30 April 2020

23 July 2020 30 July 2020

23 October 2020 30 October 2020

25 January 2021 29 January 2021

23 April 2021 30 April 2021

23 July 2021 30 July 2021

25 October 2021 29 October 2021

24 January 2022 31 January 2022

25 April 2022 29 April 2022

25 July 2022 29 July 2022

24 October 2022 31 October 2022

Autocall Valuation Date Each date set out in the table below in the column entitled “Autocall Valuation Dates”.

Autocall Valuation Autocall Barrier Specified Early Cash


Date(s) Percentage Redemption Date(s)

23 April 2020 100.00% 30 April 2020

23 July 2020 97.50% 30 July 2020

23 October 2020 95.00% 30 October 2020

25 January 2021 92.50% 29 January 2021

23 April 2021 90.00% 30 April 2021

23 July 2021 87.50% 30 July 2021

25 October 2021 85.00% 29 October 2021

24 January 2022 82.50% 31 January 2022

25 April 2022 80.00% 29 April 2022

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25 July 2022 77.50% 29 July 2022

REDEMPTION

Initial Price In respect of a Basket Constituent, the Valuation Price of that Basket Constituent on the Initial Valuation Date,
as specified in the table under “Reference Asset” above.
Valuation Price In respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Basket Constituent at
the Valuation Time on such day, as determined by the Calculation / Determination Agent.
Final Cash Settlement Amount Provided that no event that may lead to the early redemption or termination of the Securities has occurred
prior to the Redemption Date as determined by the Calculation / Determination Agent, each Security will be
redeemed by the Issuer at a cash amount determined by the Calculation / Determination Agent in accordance
with the following:
(a) if, in respect of the Worst Performing Basket Constituent, the Valuation Price on the Final Valuation
Date is at or above the relevant Strike Price, a cash amount equal to the Calculation Amount; or
(b) otherwise, a cash amount equal to the Calculation Amount multiplied by the Valuation Price of the
Worst Performing Basket Constituent on the Final Valuation Date and divided by the Strike Price of the
Worst Performing Basket Constituent.
Worst Performing Basket Constituent The Basket Constituent with the lowest performance calculated as follows:

Where:
V(i)Final is the Valuation Price of Basket Constituenti on the Final Valuation Date.
V(i)Initial is the Initial Price of Basket Constituenti
Provided that where more than one Basket Constituent has the same lowest performance, the Calculation /
Determination Agent shall in its sole discretion select which of the Basket Constituents with the same lowest
performance shall be the Worst Performing Basket Constituent.

SPECIFIED EARLY REDEMPTION

Specified Early Redemption Event If the Valuation Price of each Basket Constituent on any Autocall Valuation Date is at or above its respective
Autocall Barrier, the Issuer shall notify the Securityholder upon the occurrence of such event and shall redeem
all of the Securities (in whole only) early at an amount equal to the Specified Early Cash Settlement Amount on
the Specified Early Redemption Date.
Specified Early Cash Settlement Amount In respect of each Security, the Calculation Amount.
Autocall Barrier In respect of a Basket Constituent, the Initial Price of such Basket Constituent multiplied by the relevant Autocall
Barrier Percentage.
Where:
“Autocall Barrier Percentage” means in respect of an Autocall Valuation Date, the percentage set out in the
table of the definition of Autocall Valuation Date(s) above in the column “Autocall Barrier Percentage”.

ADDITIONAL DISRUPTION EVENT AND ADJUSTMENT OR EARLY REDEMPTION

Additional Disruption Event The Issuer may either (i) require the Calculation/Determination Agent to make an adjustment to the terms of
the Securities or (ii) on giving not less than 10 Business Days' irrevocable notice to the Securityholders, redeem
all of the Securities early at the Early Cash Settlement Amount on the Early Cash Redemption Date if any of the
following events occur:
Change in Law, Currency Disruption Event, Issuer Tax Event, Extraordinary Market Disruption, Hedging Disruption
Other Additional Disruption Event(s) in Insolvency Filing, Merger Event, Nationalisation, Insolvency, Delisting, Tender Offer, Fund Disruption Event
respect of Share Linked Securities
Delay or Postponement of Payments and If the determination of a price or level used to calculate any amount payable or deliverable on any payment or
Settlement settlement date is delayed or postponed pursuant to the terms and conditions of the Securities, payment or
settlement will occur on the later of either (i) the scheduled payment or settlement date or (ii) the second
Business Day following the date on which such price or level is determined. No additional amounts shall be
payable or deliverable by the Issuer because of such postponement.
If the date on which any amount is specified as being (or is otherwise determined to be) payable in respect of
any Security or Coupon is not a Business Day then payment will not be made until the next succeeding day
which is a Business Day, and the holder thereof shall not be entitled to any further payment in respect of such
delay.
Substitution of Shares Substitution of Shares – ETF underlying is applicable. If any Share is affected by a Fund Disruption Event, Merger
Event, Tender Offer, Nationalisation, Insolvency Filing, Insolvency or Delisting, or if the Share is cancelled or
there is an announcement for it to be cancelled then, in addition to the Issuer’s right to adjust or redeem the

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Securities, the Issuer or the Calculation/Determination Agent has the discretion to substitute such Shares with
shares, units or other interests of an exchange-traded fund or other financial security, index or instrument (each
a "Replacement Security") that the Calculation/Determination Agent determines is comparable to the
discontinued Share (or discontinued Replacement Security). Upon substitution of a Replacement Security, the
Calculation/Determination Agent may adjust any variable in the terms of the Securities (including, without
limitation, any variable relating to the price of the shares, units or other interests in the Share, the number of
such shares, units or other interests outstanding, created or redeemed or any dividend or other distribution
made in respect of such shares, units or other interests), as, in the good faith judgment of the
Calculation/Determination Agent, may be and for such time as may be necessary to render the Replacement
Security comparable to the shares or other interests of the discontinued Share (or discontinued Replacement
Security). The Calculation/Determination Agent shall notify the Securityholders as soon as practicable after
the selection of the Replacement Security.
Adjustments and Early Redemption Potential Adjustment Event: In respect of Shares, if (i) there occurs a subdivision, consolidation or reclassification
of the Share, or (ii) a distribution, dividend, extraordinary dividend, repurchase of the Shares or similar corporate
action is declared by the Share Company (each, a "Potential Adjustment Event"), in any case that the
Calculation/Determination Agent determines has a diluting or concentrative effect on the theoretical value of
the Share, (x) the Calculation/Determination Agent may make an adjustment to the Share, any amounts payable
under the Securities and/or any of the other terms of the Securities, taking into account any costs incurred by
or on behalf of the Issuer as a result of such Potential Adjustment Event, as determined in good faith by the
Calculation/Determination Agent, or (y) the Issuer may deliver to the Securityholder one or more additional
Securities and/or pay to the Securityholder a cash amount, which aggregate value shall be equal to the value
of the concentrative effect of such Potential Adjustment Event on the theoretical value of the relevant Shares.
Early Cash Settlement Amount An amount per Calculation Amount in the Settlement Currency determined as the pro rata proportion of the
market value of the Securities following the event triggering the early redemption or cancellation (including
the value of accrued interest (if applicable)). Such amount shall be determined as soon as reasonably practicable
following the event giving rise to the early redemption or cancellation of the Securities by reference to such
factors as the Calculation/Determination Agent considers to be appropriate including, without limitation:
(a) market prices or values for the reference asset(s) and other relevant economic variables (such as
interest rates and, if applicable, exchange rates) at the relevant time;
(b) the remaining term of the Securities had they remained outstanding to scheduled maturity or expiry
and/or any scheduled early redemption or exercise date;
(c) the value at the relevant time of any minimum redemption or cancellation amount which would have
been payable had the Securities remained outstanding to scheduled maturity or expiry and/or any
scheduled early redemption or exercise date;
(d) internal pricing models; and
(e) prices at which other market participants might bid for securities similar to the Securities,
provided that the Calculation/Determination Agent may adjust such amount to take into account deductions
for any costs, charges, fees, accruals, losses, withholdings and expenses, which are or will be incurred by the
Issuer or its Affiliates in connection with the unwinding of any Hedge Positions and/or related funding
arrangements, when determining such market value.
“Affiliate” means, in relation to any entity (the “First Entity”), any entity controlled, directly or indirectly, by
the First Entity, any entity that controls, directly or indirectly, the First Entity or any entity, directly or indirectly,
under common control with the First Entity. For these purposes, “control” means ownership of a majority of
the voting power of an entity.
“Hedge Positions” means any purchase, sale, entry into or maintenance of one or more (a) positions or contracts
in securities, options, futures, derivatives or foreign exchange, (b) stock loan transactions or (c) other instruments
or arrangements (howsoever described) by the Issuer or any of its Affiliates in order to hedge individually, or
on a portfolio basis, the Issuer’s obligations in respect of the Securities.
Early Cash Redemption Date In respect of an early redemption following an Additional Disruption Event, the 10th Business Day after the
giving of the redemption notice by or on behalf of the Issuer or the Calculation/Determination Agent to the
Securityholders.

OTHER TERMS

Disruption In respect of Shares in a Basket, in the event that any Valuation Date is a Disrupted Day (as described in the
Offering Circular) in relation to each Share affected by the occurrence of a Disrupted Day (each an "Affected
Share"), the relevant valuation will be postponed for up to eight Scheduled Trading Days. After this time, (1)
the eighth Scheduled Trading Day shall be deemed to be the Valuation Date; and (2) the Calculation /
Determination Agent will make the relevant determination by estimating the price of the Affected Share that
would have prevailed on such eighth Scheduled Trading Day. In respect of each Share not affected by the
occurrence of a Disrupted Day, the Valuation Date shall be the Scheduled Valuation Date.
Unlawfulness and impracticability If the Issuer determines that the performance of any of its obligations under the Securities has become, or there
is a substantial likelihood that it will become, unlawful or impracticable, in whole or in part, as a result of (i) any
change in financial, political or economic conditions or currency exchange rates, or (ii) compliance in good
faith by the Issuer or any relevant subsidiaries or Affiliates with any applicable present or future law, rule,
regulation, judgement, order or directive of any governmental, administrative or judicial authority or power or
in interpretation thereof, the Issuer may, as its option, redeem or cancel the Securities by giving notice to
Securityholders.
If the Issuer elects to redeem or cancel the Securities, then each Security shall become due and payable at its
Early Cash Settlement Amount.

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Notices The Issuer or the Calculation/Determination Agent shall give notice to the Securityholders of any adjustment
or redemption as soon as practicable following the occurrence of the event triggering such adjustment or
redemption. Failure by the Issuer or the Calculation/Determination Agent to publish or give notice shall not
affect the validity or effectiveness of any such adjustment or redemption.
All notices, including notices on corporate actions or life cycle events, if any concerning the Securities will be
published on the website www.barx-is.com. The Issuer may, instead of a publication via the website, deliver the
relevant notice to the Clearing System, for communication by the Clearing System to the Securityholders.

GENERAL INFORMATION

Programme Barclays Bank PLC Global Structured Securities Programme


Offering Circular Offering Circular dated 20 June 2019 pursuant to the Programme, as supplemented from time to time. The
Offering Circular and any Supplemental Offering Circulars are available at:
https://barxis.barcap.com/file.app?action=shared&path=pdf/BarclaysOfferingCircular2019.pdf.
REGULATORY REVIEW AND IMPORTANT INFORMATION FOR PROSPECTIVE INVESTORS:
THE OFFERING CIRCULAR HAS NOT BEEN SUBMITTED TO, REVIEWED BY OR APPROVED BY THE UNITED
KINGDOM FINANCIAL CONDUCT AUTHORITY IN ITS CAPACITY AS COMPETENT AUTHORITY UNDER THE
FINANCIAL SERVICES AND MARKETS ACT 2000 (THE “FSMA”) OR ANY OTHER REGULATORY AUTHORITY
IN ITS CAPACITY AS COMPETENT AUTHORITY IN THE EU OR THE LONDON STOCK EXCHANGE PLC OR ANY
OTHER STOCK EXCHANGE WHICH CONSTITUTES A REGULATED MARKET FOR THE PURPOSES OF DIRECTIVE
2014/65/EU (AS MAY BE AMENDED FROM TIME TO TIME, “MiFID II/MiFIR”).
THIS MEANS THAT THE OFFERING CIRCULAR DOES NOT COMPRISE (I) A BASE PROSPECTUS FOR THE
PURPOSES OF ARTICLE 5.4 OF DIRECTIVE 2003/71/EC AS AMENDED OR SUPERSEDED (THE “PROSPECTUS
DIRECTIVE”) OR ANY UK OR OTHER IMPLEMENTING LEGISLATION RELATED TO THE PROSPECTUS DIRECTIVE,
AS APPLICABLE OR (II) LISTING PARTICULARS FOR THE PURPOSES OF SECTION 79 OF THE FSMA OR ANY
OTHER RULES OR REGULATIONS RELATED TO A LISTING ON ANY REGULATED MARKET OF ANY STOCK
EXCHANGE.
Relevant Annex Equity Linked Annex and Swiss Securities Annex
Status of the Securities Unsecured and Unsubordinated
Form of the Securities Registered: Uncertificated Securities (“Wertrechte”)
Manager Barclays Bank PLC
Issue and Paying Agent BNP Paribas Securities Services, Paris, Zurich branch
Business Days With regard to payments: New York City and a Clearing System Business Day.
Business Day Convention With regard to all payment dates in this Simplified Prospectus, unless otherwise specified: Modified Following
Listing and Admission to Trading None
Prohibition of Sales to EEA Retail Applicable – see the cover page of this document
Investors:
Calculation/Determination Agent Barclays Bank PLC
Relevant Clearing Systems SIX SIS AG, Clearstream and Euroclear (booked at SIX SIS AG)
Governing Law Swiss Law
Jurisdiction Courts of Zurich
Documentation This document (“Final Simplified Prospectus”) constitutes the final simplified prospectus for the product and
contains the information required by Article 5 CISA and the corresponding Guidelines of the Swiss Bankers
Association. The prospectus requirements of Article 652a/Article 1156 of the Swiss Code of Obligations are
not applicable. The Final Simplified Prospectus is made available at the Issue Date.
This Final Simplified Prospectus should always be read together with the Pricing Supplement and the Offering
Circular and altogether constitute the solely binding documents. In case of any discrepancy/conflicting provision
between the Final Simplified Prospectus and the Pricing Supplement or the Offering Circular the provisions of
the Pricing Supplement shall prevail.
All documents and the Final Simplified Prospectus will be made available for investors free of charge at
Barclays Bank PLC, Beethovenstrasse 19, CH-8027 Zurich (phone +41 44 204 5230; e-mail:
info-ch@barclays.com).

SELLING RESTRICTIONS, TAX AND SECONDARY MARKET INFORMATION

Selling Restrictions Investors are bound by all applicable laws and regulations of the relevant jurisdiction(s) in which the Securities
are to be offered, sold and distributed, including the selling restrictions set out in this document and the Offering
Circular. Investors in this product should seek specific advice before on-selling this product.

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No action has been made or will be taken by the Issuer that would permit a public offering of the Securities or
possession or distribution of any offering material in relation to the Securities (save for Switzerland) in any
jurisdiction where action for that purpose is required. No purchaser or distributor of the Securities may offer,
sell, re-sell or deliver the Securities or, have in its possession or distribute, the Offering Circular, any other
offering material or any Pricing Supplement, in any jurisdiction except in compliance with the applicable laws
and regulations of such jurisdiction and in a manner that will not impose any obligation on the Issuer or Manager
(as the case may be).
European Economic Area
In relation to each member state of the European Economic Area which has implemented the Prospectus
Directive (each a "Relevant Member State", each manager has represented and agreed, and each further manager
appointed pursuant to the Programme will be required to represent and agree, that with effect from and
including the date on which the Prospectus Directive is implemented in that Relevant Member State (the
"Relevant Implementation Date") it has not made and will not make an offer of Securities which are the subject
of the offering contemplated by this Offering Circular as completed by the final terms in relation thereto to the
public in that Relevant Member State except that, with effect from and including the Relevant Implementation
Date, an offer of such Securities may be made to the public in that Relevant Member State:
(a) if the Issuer expressly specifies that an offer of those Securities may be made other than pursuant to
Article 3(2) of the Prospectus Directive in that Relevant Member State (a 'Public Offer'), following the
date of publication of a prospectus in relation to such Securities which has been approved by the
competent authority in that Relevant Member State or, where appropriate, approved in another
Relevant Member State and notified to the competent authority in that Relevant Member State,
provided that any such prospectus has subsequently been completed by the final terms contemplating
such Public Offer, in accordance with the Prospectus Directive, in the period beginning and ending
on the dates specified in such prospectus or final terms, as applicable, and the Issuer has consented
in writing to its use for the purpose of that Public Offer;
(b) to any legal entity which is a qualified investor as defined in the Prospectus Directive;
(c) at any time to fewer than 150 natural or legal persons (other than qualified investors as defined in
the Prospectus Directive), subject to obtaining the prior consent of the relevant Dealer or Dealers
nominated by the Issuer for any such offer; or
(d) at any time in any other circumstances falling within Article 3(2) of the Prospectus Directive,
provided that no such offer of Securities referred to in (b) to (d) above shall require the Issuer or any manager
to publish a prospectus pursuant to Article 3 of the Prospectus Directive, or supplement a prospectus pursuant
to Article 16 of the Prospectus Directive.
For the purposes of this section "European Economic Area", the expression 'an offer of Securities to the public'
in relation to any Securities in any Relevant Member State means the communication in any form and by any
means of sufficient information on the terms of the offer and the Securities to be offered so as to enable an
investor to decide to purchase or subscribe for the Securities, as the same may be varied in that Relevant Member
State by any measure implementing the Prospectus Directive in that Relevant Member State and the expression
"Prospectus Directive" means Directive 2003/71/EC of the European Parliament and of the Council (as amended,
including by Directive 2010/73/EU).
Each manager has represented and agreed, and each further Manager appointed under the Programme will be
required to represent and agree, that any commission or fee received from the Issuer complies with the applicable
rules set out in the Markets in Financial Instruments Directive 2014/65/EU.
United Kingdom
Any offeror of Securities will be required to represent and agree that:
(a) Financial Promotion: it has only communicated or caused to be communicated and will only
communicate or cause to be communicated an invitation or inducement to engage in investment
activity (within the meaning of section 21 of the FSMA) received by it in connection with the issue or
sale of any Securities in circumstances in which section 21(1) of the FSMA would not, if it was not an
authorised person, apply to the Issuer;
(b) General Compliance: it has complied and will comply with all applicable provisions of the FSMA and
the Financial Conduct Authority Handbook with respect to anything done by it in relation to any
Securities in, from or otherwise involving the United Kingdom.
(c) Commissions and fees:
(i) if it is distributing Securities that are 'retail investment products' (as such term is defined in
the Financial Conduct Authority Handbook) into the United Kingdom and it is entitled to
receive any commission or fee from the Issuer, it will not transfer any part of that commission
or fee to any third party who may advise retail investors to purchase a Security that is a
retail investment product; and
(ii) if it is authorised and regulated by the Financial Conduct Authority to provide investment
advice to retail investors in the United Kingdom and it is providing advice to retail investors
in respect of a Security that is a retail investment product, it undertakes not to request any
commission or fee from the Issuer and to otherwise reject any such payment offered to it
other than in circumstances where the Issuer has agreed to facilitate the payment of an
advisory fee and has the express consent of the retail investor to do so.
Hong Kong
No advertisement, invitation or document relating to the Securities may be issued, or may be in the possession
of any person for the purpose of issue, (in each case whether in Hong Kong or elsewhere), if such advertisement,
invitation or document is directed at, or the contents of which are likely to be accessed or read by, the public

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in Hong Kong (except if permitted to do so under the laws of Hong Kong) other than with respect to Securities
which are or are intended to be disposed of only to persons outside of Hong Kong or only to 'professional
investors' within the meaning of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong, the "SFO")
and any rules made thereunder.
In addition, in respect of Securities which are not a 'structured product' as defined in the SFO, the Securities
may not be offered or sold in Hong Kong by means of any document other than (i) to 'professional investors'
within the meaning of the SFO and any rules made thereunder; or (ii) in other circumstances which do not result
in the document being a 'prospectus' within the meaning of the Companies (Winding Up and Miscellaneous
Provisions) Ordinance (Cap 32, Laws of Hong Kong, the "CO") or which do not constitute an offer to the public
within the meaning of the CO.
Singapore
THIS DOCUMENT AND THE OFFERING CIRCULAR HAVE NOT BEEN REGISTERED AS A PROSPECTUS WITH THE
MONETARY AUTHORITY OF SINGAPORE. ACCORDINGLY, THIS DOCUMENT, THE OFFERING CIRCULAR AND
ANY OTHER DOCUMENT OR MATERIAL IN CONNECTION WITH THE OFFER OR SALE, OR INVITATION FOR
SUBSCRIPTION OR PURCHASE, OF THE SECURITIES MAY NOT BE CIRCULATED OR DISTRIBUTED, NOR MAY
THE SECURITIES BE OFFERED OR SOLD, OR BE MADE THE SUBJECT OF AN INVITATION FOR SUBSCRIPTION
OR PURCHASE, WHETHER DIRECTLY OR INDIRECTLY, TO ANY PERSON IN SINGAPORE OTHER THAN (I) TO
AN INSTITUTIONAL INVESTOR (AS DEFINED IN SECTION 4A OF THE SECURITIES AND FUTURES ACT, CHAPTER
289 OF SINGAPORE, AS MODIFIED OR AMENDED FROM TIME TO TIME (THE "SFA")), PURSUANT TO SECTION
274 OF THE SFA, (II) TO A RELEVANT PERSON (AS DEFINED IN SECTION 275(2) OF THE SFA) PURSUANT TO
SECTION 275(1) OF THE SFA, OR ANY PERSON PURSUANT TO SECTION 275(1A) OF THE SFA, AND IN
ACCORDANCE WITH THE CONDITIONS SPECIFIED IN SECTION 275 OF THE SFA, OR (III) OTHERWISE PURSUANT
TO, AND IN ACCORDANCE WITH THE CONDITIONS OF, ANY OTHER APPLICABLE PROVISION OF THE SFA.
WHERE THE SECURITIES ARE SUBSCRIBED OR PURCHASED UNDER SECTION 275 OF THE SFA BY A RELEVANT
PERSON WHICH IS:
(a) A CORPORATION (WHICH IS NOT AN ACCREDITED INVESTOR (AS DEFINED IN SECTION 4A OF THE
SFA)) THE SOLE BUSINESS OF WHICH IS TO HOLD INVESTMENTS AND THE ENTIRE SHARE CAPITAL
OF WHICH IS OWNED BY ONE OR MORE INDIVIDUALS, EACH OF WHOM IS AN ACCREDITED INVESTOR;
OR
(b) A TRUST (WHERE THE TRUSTEE IS NOT AN ACCREDITED INVESTOR) WHOSE SOLE PURPOSE IS TO
HOLD INVESTMENTS AND EACH BENEFICIARY OF THE TRUST IS AN INDIVIDUAL WHO IS AN
ACCREDITED INVESTOR,
SECURITIES OR SECURITIES-BASED DERIVATIVES CONTRACTS (EACH TERM AS DEFINED IN SECTION 2(1) OF
THE SFA) OF THAT CORPORATION OR THE BENEFICIARIES' RIGHTS AND INTEREST (HOWSOEVER DESCRIBED)
IN THAT TRUST SHALL NOT BE TRANSFERRED WITHIN 6 MONTHS AFTER THAT CORPORATION OR THAT
TRUST HAS ACQUIRED THE SECURITIES PURSUANT TO AN OFFER MADE UNDER SECTION 275 OF THE SFA
EXCEPT:
(i) TO AN INSTITUTIONAL INVESTOR OR TO A RELEVANT PERSON, OR TO ANY PERSON ARISING FROM
AN OFFER REFERRED TO IN SECTION 275(1A) OR SECTION 276(4)(i)(B) OF THE SFA;
(ii) WHERE NO CONSIDERATION IS OR WILL BE GIVEN FOR THE TRANSFER;
(iii) WHERE THE TRANSFER IS BY OPERATION OF LAW; OR
(iv) AS SPECIFIED IN SECTION 276(7) OF THE SFA.
United States of America
US tax selling restrictions
Securities issued in bearer form for US tax purposes ("Bearer Instruments") may not be offered, sold or delivered
within the United States or its possessions or to a United States person except as permitted under US Treasury
Regulation section 1.163–5(c)(2)(i)(D) (the "D Rules").
Each of the Issuer and the Manager has represented and agreed (and each additional Manager named in a set
of Pricing Supplement will be required to represent and agree) that in addition to the relevant US Securities
Selling Restrictions set out below:
(a) except to the extent permitted under the D Rules, (x) it has not offered or sold, and during the restricted
period it will not offer or sell, Bearer Instruments to a person who is within the United States or its
possessions or to a United States person and (y) such Manager has not delivered and agrees that it
will not deliver within the United States or its possessions definitive Bearer Instruments that will be
sold during the restricted period;
(b) it has and agrees that throughout the restricted period it will have in effect procedures reasonably
designed to ensure that its employees or agents who are directly engaged in selling Bearer Instruments
are aware that Bearer Instruments may not be offered or sold during the restricted period to a person
who is within the United States or its possessions or to a United States person (except to the extent
permitted under the D Rules);
(c) if it is a United States person, it is acquiring the Bearer Instruments for purposes of resale in connection
with their original issuance, and, if it retains Bearer Instruments for its own account, it will do so in
accordance with the requirements of the D Rules;
(d) with respect to each Affiliate or distributor that acquires Bearer Instruments from a Manager for the
purpose of offering or selling such Bearer Instruments during the restricted period, the Manager either
repeats and confirms the representations and agreements contained in sub-clauses (a), (b) and (c)
above on such Affiliate's or distributor's behalf or agrees that it will obtain from such Affiliate or
distributor for the benefit of each Issuer and Manager the representations and agreements contained
in such sub-clauses; and

Page 8 of 14
(e) it has not entered into and agrees that it will not enter into any written contract (other than
confirmation or other notice of the transaction) pursuant to which any other party to the contract
(other than one of its Affiliates or another Manager) has offered or sold, or during the restricted period
will offer or sell, any Bearer Instruments except where pursuant to the contract the relevant Manager
has obtained or will obtain from that party, for the benefit of each Issuer and Manager, the
representations contained in, and that party's agreement to comply with, the provisions of sub-clauses
(a), (b), (c) and (d).
In addition, to the extent that the final terms relating to Bearer Instruments specifies that the Securities are
subject to US Treasury Regulation section 1.163-5(c)(2)(i)(C) (the "C Rules"), the Bearer Instruments are subject
to US tax law requirements and may not be offered, sold or delivered within the United States or its possessions.
Each Manager has represented and agreed (and each additional Manager named in a set of final terms will be
required to represent and agree) that it will not offer, sell or deliver any Bearer Instruments within the United
States.
Terms used in this section shall have the meanings given to them by the Code and the regulations thereunder,
including the D Rules.
US persons
The Issuer makes no representation regarding the characterisation of the Securities for US federal income tax
purposes. The Securities may not be a suitable investment for US persons and other persons subject to net
income taxation in the United States.
US Securities selling restrictions
Notes and Certificates
The Notes, the Certificates and, as applicable, the Entitlements have not been and will not be registered under
the Securities Act or with any securities regulatory authority of any state or other jurisdiction of the United
States, and may not be offered or sold within the United States or to, or for the account or benefit of, US persons,
except in certain transactions exempt from the registration requirements of the Securities Act. Terms used in
this paragraph have the meanings given to them by Regulation S.
Each Manager has represented and agreed (and each further Manager named in a set of Pricing Supplement
will be required to represent and agree) that it was not and will not offer or sell Notes or Certificates (i) as part
of their distribution at any time or (ii) otherwise until 40 days after the completion of the distribution of an
identifiable tranche of which such Notes or Certificates are part, as determined and certified to the Agent by
such Manager (in the case of a non-syndicated issue) or the relevant lead Manager (in the case of a syndicated
issue), within the United States or to, or for the account or benefit of, US persons, except, in certain cases, to
QIBs in reliance on Rule 144A, and it will have sent to each Manager to which it sells Notes or Certificates during
the Distribution Compliance Period (other than in resales pursuant to Rule 144A) a confirmation or other notice
setting out the restrictions on offers and sales of the Notes or Certificates within the United States or to, or for
the account or benefit of, US persons. Terms used in the preceding sentence have the meanings given to them
by Regulation S. None of such Manager, its Affiliates, or any persons acting on its or their behalf, engaged or
will engage in any directed selling efforts (as defined in Regulation S) with respect to the Notes or Certificates,
and such Manager, its Affiliates and all persons acting on its or their behalf have complied and will comply with
any applicable offering restrictions requirement of Regulation S.
The Notes and Certificates are being offered and sold outside the United States to non-US persons in reliance
on Regulation S. The Master Subscription Agreement provides that a Manager may directly or through its US
broker-dealer Affiliates arrange for the offer and resale of Registered Securities within the United States to QIBs
only.
In addition, until 40 days after the completion of the distribution of any identifiable tranche of Notes or
Certificates, an offer or sale of such Notes or Certificates within the United States by any dealer (whether or not
participating in the offering of such tranche of Notes or Certificates) may violate the registration requirements
of the Securities Act.
The Offering Circular has been prepared by the Issuer for use in connection with the offer and sale of Securities
outside the United States and for the resale of the Registered Securities in the United States. The Issuer and the
Managers reserve the right to reject any offer to purchase the Securities, in whole or in part, for any reason.
The Offering Circular does not constitute an offer to any person in the United States or other than any QIB to
whom an offer has been made directly by a Manager or its US broker-dealer Affiliate or to any US person.
Distribution of the Offering Circular by any non-US person outside the United States or by any QIB in the United
States to any US person or to any other person within the United States, other than any QIB and those persons,
if any, retained to advise such non-US person or QIB with respect thereto, is unauthorised, and any disclosure
without the prior written consent of the Issuer of any of its contents to any of such US person or other person
within the United States, other than any QIB and those persons, if any, retained to advise such non-US person
or QIB, is prohibited.
Each issue of Notes or Certificates shall be subject to such additional US selling restrictions as the Issuer and
the relevant Manager may agree as a term of the issue and purchase of such Notes or Certificates, which
additional selling restrictions shall be set out in the Pricing Supplement.
Warrants and Exercisable Certificates (other than Warrants or Exercisable Certificates to be sold within the United
States pursuant to Rule 144A)
No Warrants or Exercisable Certificates of any Series have been or will be registered under the Securities Act
or with any securities regulatory authority of any state or other jurisdiction of the United States and trading in
the Securities has not been approved by the US Commodity Futures Trading Commission under the US Commodity
Exchange Act of 1936, as amended (the "Commodity Exchange Act"). The Warrants and/or Exercisable
Certificates are only being offered and sold pursuant to Regulation S. The Warrants or Exercisable Certificates
of any Series, or interests therein, may at any time be offered, sold, resold, traded, pledged, exercised, redeemed,
transferred or delivered, directly or indirectly, in or into the United States to, or for the account or benefit of,
any US person. Terms used in the preceding sentence have the meanings given to them by Regulation S.

Page 9 of 14
Consequently, any offer, sale, resale, trade, pledge, exercise, redemption, transfer or delivery made, directly or
indirectly, within the United States or to, or for the account or benefit of, a US person will not be recognised.
Each Manager has represented and agreed (and each further Manager named in the Pricing Supplements will
be required to represent and agree) that it has not and will not offer or sell Warrants or Entitlements (i) as part
of their distribution at any time or (ii) otherwise until 40 calendar days after the completion of the distribution
of an identifiable tranche of which such Warrants are part, as determined and certified to the Agent by such
Manager (in the case of a non-syndicated issue) or the relevant lead Manager (in the case of a syndicated issue),
within the United States or to, or for the account or benefit of, US persons, and it will have sent to each Manager
to which it sells Warrants or Entitlements during the Distribution Compliance Period a confirmation or other
notice setting out the restrictions on offers and sales of the Warrants and Entitlements within the United States
or to, or for the account or benefit of, US persons. Terms used in the preceding sentence have the meanings
given to them by Regulation S. None of such Manager, its affiliates, or any persons acting on its or their behalf,
has engaged or will engage in any directed selling efforts (as defined in Regulation S) with respect to the Warrants
and Entitlements, and such Manager, its affiliates and all persons acting on its or their behalf have complied
and will comply with any applicable offering restrictions requirement of Regulation S.
US retirement plan selling restrictions
Unless the Issuer provides otherwise in the Pricing Supplement, the Securities may not be sold or transferred
to, and each acquirer by its acquisition of Securities shall be deemed to have represented and covenanted that
it is not acquiring the Securities for or on behalf of, and will not transfer Securities to, any pension plan or
welfare plan, as defined in section 3 of the Employee Retirement Income Security Act ("ERISA"), that is subject
to Title I of ERISA, any plan or arrangement that is subject to section 4975 of the Internal Revenue Code, an
entity the assets of which are considered assets of such a plan or arrangement, or a government, church or
other plan subject to any law or regulation substantially similar to Title I of ERISA or section 4975 of the Code.
Swiss Taxation The following is a summary only of the Issuer’s understanding of current law and practice in Switzerland relating
to the taxation of the Securities as of the date of this Simplified Prospectus.
It does not address the tax consequences of an investment in the Securities in any other jurisdiction than
Switzerland. Because this summary does not address all tax considerations under Swiss law and does not consider
the specific tax situation of an investor, prospective investors are recommended to consult their personal tax
advisors as to the tax consequences of the purchase, ownership, sale or redemption of the Securities including,
in particular, the effect of tax laws of any other jurisdiction. Tax laws and the practice can change, possibly with
retroactive effect.
An investor shall be liable for all current and future taxes and duties resulting from an investment in the Securities.
Swiss Withholding Tax ("Verrechnungssteuer")
The Securities are not subject to Swiss Withholding Tax.
Swiss Securities Transfer Tax ("Umsatzabgabe")
Secondary market transactions are subject to Swiss Securities Transfer Tax provided a Swiss securities dealer
in terms of the Swiss Stamp Duty Act is involved in the transaction and no exemption applies.
Swiss Income Tax ("Einkommenssteuer")
For private investors with domicile in Switzerland and holding the Securities as private assets, the increase of
the value of the bond part when sold before maturity, called by the Issuer before maturity or redeemed at
maturity (calculated according to the so-called "Modifizierte Differenzbesteuerung") is subject to the Federal
Direct Tax ("Direkte Bundessteuer"). The cantonal and communal income tax treatment can differ from the tax
treatment for the Federal Direct Tax. However, in general the tax treatments correspond. The value of the bond
part at issuance is USD 954.2 per Calculation Amount (Bond Floor, 95.42 per cent. per Issue Date).
Automatic Exchange of Information in Tax Matters ("Automatischer Informationsaustausch")
Switzerland has concluded a multilateral agreement with the European Union (the "EU") on the international
automatic exchange of information ("AEOI") in tax matters. The agreement applies to all 28 EU member states
and Gibraltar and certain other jurisdictions. Also, Switzerland has entered into the multilateral competent
authority agreement on the automatic exchange of financial account information ("MCAA"), and based on the
MCAA, a number of bilateral AEOI agreements with other countries. Based on such agreements and the
implementing laws of Switzerland, Switzerland commenced collecting, or will commence collecting, data in
respect of financial assets held in, and income derived thereon and credited to, accounts or deposits with a
paying agent in Switzerland, including, as the case may be, this Security, for the benefit of individuals resident
in a EU member state or other treaty state from 2017 or a later date, and began exchanging, or will begin
exchanging, the data from 2018 or a later date, in each case depending on the date of effectiveness of the
relevant agreement. Switzerland has signed and intends to sign further AEOI agreements with further countries.
An up-to-date list of the AEOI agreements of Switzerland in effect or signed and becoming effective, including
the dates of commencement of data collection and data exchange, can be found on the website of the State
Secretariat for International Financial Matters SIF, www.sif.admin.ch.
U.S. Federal Tax Treatment of Non-U.S. The Issuer has determined that the Securities (without regard to any other transactions) should not be subject
Holders to US withholding tax under Section 871(m) of the US Internal Revenue Code and regulations promulgated
thereunder.
Secondary Market Indicative prices: Barclays will endeavour to provide indicative bid/offer prices for the repurchase of Securities
with a view to agreeing the repurchase of such Securities within a reasonable period thereafter; in all cases
subject to (i) the existence of normal market and funding conditions as determined by Barclays in its sole
discretion and (ii) applicable laws and regulations.
Where Barclays makes a market in accordance with the above, it will endeavour to provide liquidity in the
Securities within a 1.00% the bid-offer spread under normal market conditions.

Page 10 of 14
For the avoidance of doubt this provision does not amount to a commitment to make a market on any day at
any price.
Distributor Fee 0.67% p.a. fee included in the Issue Price.

iSHARE DISCLAIMER

iShares and BlackRock are registered trademarks of BlackRock, Inc. and its affiliates (“BlackRock”). BlackRock has licensed certain trademarks and trade
names of BlackRock to Barclays Bank PLC. The Securities are not sponsored, endorsed, sold, or promoted by BlackRock. BlackRock makes no representations
or warranties to the owners of the Securities or any member of the public regarding the advisability of investing in the Securities. BlackRock has no obligation
or liability in connection with the operation, marketing, trading or sale of the Securities.

2. PROSPECTS FOR PROFITS AND LOSSES


Market Expectations Investors in this product expect each Basket Constituent to close at or higher than their Strike Price on the Final
Valuation Date.
Effect of the performance of the underlying on the delivery obligation:
Positive Performance If each Basket Constituent performs positively, the product early redeems and investors realise a positive return.
Sideways to slightly negative If each Basket Constituent performs sideways to slightly negative, investors may lose some of their investment.
performance
Sideways performance means the performance of a Basket Constituent is neither positive nor negative but
neutral as the price or level of a Basket Constituent goes up and down by small increments over time. Slightly
negative means the performance of a Basket Constituent is negative but not enough for investors to lose all of
their investment.
Pronounced negative performance If any Basket Constituent performs negatively, investors may lose some or all of their investment.
Risk Tolerance Investors in this product should be experienced and familiar with both derivative products and stock markets.
Investors must be willing to make an investment that is exposed to the full down-side risk of each Basket
Constituent. Investors must not require capital protection.
Profit Potential The profit is limited to the interest payments made, if any.
Loss Potential Investors may lose some or all of their investment as they are fully exposed to the performance of the Worst
Performing Basket Constituent.
Risk Warning Invested capital is at risk.
For a more detailed explanation on redemption scenarios including calculation examples, please see the Swiss
Derivatives Map on www.svsp-verband.ch for payout diagrams.

3. SIGNIFICANT RISKS FOR INVESTORS

GENERAL

An investment in the Securities is only suitable for potential investors who (i) have the requisite knowledge and experience in financial and business matters
to evaluate the merits and risks of such an investment; (ii) understand thoroughly the terms of these Securities; (iii) are capable of bearing the economic risk
of an investment in the Securities; (iv) recognize that it may not be possible to dispose of the Securities for a substantial period of time, if at all before maturity;
and (v) during the life of the Securities, bid and offer prices may possibly differ to a greater or lesser extent (spread).
The value of the Securities is determined not only by changes in market prices, changes in the price of a Reference Asset, but also by several other factors.
More than one risk factor can influence the value of the Securities at any one time, so that the effect of an individual risk factor cannot be predicted. Moreover,
more than one risk factor may have a compounding effect that is also unpredictable. These risk factors include the term of the Securities and the frequency
and intensity of price fluctuations (volatility) of the Reference Asset as well as general interest and dividend levels. Consequently, the Securities may lose
value even if the price of the Reference Asset increases. Barclays or its affiliates may deal with and engage generally in any kind of commercial or investment
banking or other business with any issuer of securities, their respective affiliates or any guarantor or any other person or entities having obligations relating
to any issuer of securities or their respective affiliates or any guarantor in the same manner as if these securities did not exist, regardless of whether any such
action might have an adverse effect on an issuer of the securities, any of their respective affiliates or any guarantor.

THESE RISK FACTORS HIGHLIGHT ONLY SOME OF THE RISKS OF THE PRODUCT DESCRIBED IN THIS DOCUMENT (THE “PRODUCT”) AND MUST BE READ
IN CONJUNCTION WITH THE RISK FACTOR SECTIONS IN THE OFFERING CIRCULAR. INVESTORS MUST BE CAPABLE OF ASSESSING AND UNDERSTANDING
THE RISKS OF INVESTING IN THE PRODUCT. WHERE A POTENTIAL INVESTOR DOES NOT UNDERSTAND OR WOULD LIKE FURTHER INFORMATION ON THE
RISKS OF THE PRODUCT, THE POTENTIAL INVESTOR SHOULD SEEK PROFESSIONAL ADVICE BEFORE MAKING ANY INVESTMENT DECISION.

PRODUCT-SPECIFIC RISK FACTORS

Page 11 of 14
EARLY REDEMPTION (INC. If the your Securities are redeemed early, you may suffer potential loss of some or all of your investment, loss of opportunity
AUTOCALL) and reinvestment risk
The Securities may be redeemed prior to their scheduled redemption date, and you are therefore subject to the following
risks:
risk of loss of investment: depending on the circumstance in which the Securities are redeemed prior to their scheduled
redemption date, the amount of redemption proceeds you receive may be less than your original investment (other
than due to an automatic (autocall) redemption) (see risk factor 8.6 (There are costs associated with any early
redemption of Securities (other than an automatic (autocall) redemption) in the Offering Circular that will reduce
the amount otherwise payable or deliverable)).
risk of loss of opportunity: in the event that your Securities are redeemed prior to their scheduled redemption date,
you will lose the opportunity to participate in any subsequent positive performance of the Reference Asset(s) and
be unable to realise any potential gains in value of the Securities; and
reinvestment risk: following such early redemption, you may not be able to reinvest the proceeds from an investment
at a comparable return and/or with a comparable interest rate for a similar level of risk. You should consider such
reinvestment risk in light of other available investments before you purchase the Securities.
The circumstances in which your Securities may be redeemed prior to their scheduled redemption date and the amount
you can expect to receive in such case are described in the Offering Circular. Also, in certain circumstances, the terms of
your Securities may be adjusted by the Issuer or the Calculation/Determination Agent, which adjustment could have an
adverse effect on the value of and return on your Securities. These circumstances include following an Additional Disruption
Event (as described in the Offering Circular) and a potential adjustment event in relation to shares.
AUTOCALL The terms of your Securities provide that they will be automatically redeemed prior to the scheduled redemption date if an
automatic redemption (autocall) event occurs. An automatic redemption (autocall) event will occur if the level, price, value
or performance of the Reference Asset(s) breaches one or more specified thresholds on one or more specified dates. In the
event that such an automatic redemption (autocall) event occurs, you will be paid an early redemption amount equal to the
Calculation Amount. In such case, you may not be able to reinvest the proceeds from an investment at a comparable return
and/or with a comparable interest rate for a similar level of risk. You should consider such reinvestment risk in light of other
available investments before you purchase the Securities. In the event that an automatic redemption (autocall) event does
not occur during the term of your Securities, you may lose some or all of your investment at maturity, depending on the
performance of the Reference Asset(s) and the specific terms and conditions of your Securities.
REFERENCE ASSET-LINKED There are risks relating to interest linked to one or more Reference Asset(s)
INTEREST
The Securities bear interest at a rate that is contingent upon the performance of one or more Reference Asset(s) and may
vary from one interest payment date to the next. The interest rate reflected by any given interest payment may be less than
the rate that the Issuer (or any other bank or deposit-taking institution) may pay in respect of deposits for an equivalent
period and may be zero. If interest payments are contingent upon the performance of one or more Reference Asset(s), you
should be aware of the risk that you may not receive any interest payments if the Reference Asset(s) do not perform as
anticipated. See also risk factor 4.3 (The Securities are designed to be buy-to-hold instruments and the value and quoted price
of your Securities (if any) at any time prior to redemption will reflect many factors and cannot be predicted) in the Offering
Circular.
MEMORY INTEREST There are risks where your Securities have a “memory” interest feature
The payment of interest will be conditional on the value or performance of the Reference Asset. The interest amount payable
will may be zero on an interest payment date if the Reference Asset does not perform in accordance with the terms of the
Securities although such payment will be deferred to the next interest payment date on which an interest amount is payable.
If the Reference Asset meets the performance criteria, the interest payable will be an amount for the current interest payment
date plus any amounts deferred from previous interest payment dates where interest was not paid. You will not be paid any
interest or other allowance for the deferred payments of interest and it is possible that the Reference Asset never meets the
performance criteria, meaning that you will not receive any interest at all for the lifetime of the Securities.
WORST-OF There are risks where your Securities have a “worst-of” feature
You will be exposed to the performance of the Reference Asset(s) which has the worst performance, rather than the basket
as a whole.
This means that, regardless of how the other Reference Asset(s) perform, if the worst performing Reference Asset in the
basket fails to meet a relevant threshold or barrier for the payment of interest or the calculation of any redemption amount,
you might receive no interest payments or return on your initial investment and you could lose some or all of your investment.
MINIMUM SCHEDULED There are risks where your Securities have a minimum scheduled redemption amount feature
REDEMPTION
If your Securities do not provide for a minimum scheduled redemption amount payable at maturity, you may lose some or
all of your investment, depending on the performance of the Reference Asset(s).
If your Securities do provide for a minimum scheduled redemption amount payable at maturity, you must hold them until
maturity; otherwise, you may receive less than your original invested amount if you sell your Securities prior to maturity
(assuming that you are able to sell them). All payment and delivery obligations of the Issuer under the Securities are subject
to the credit risk of the Issuer: if the Issuer fails or goes bankrupt or enters into a resolution regime, you will lose some or
all of your investment.
FINAL PERFORMANCE There are risks where the redemption of your Securities depends only on the final performance
ONLY
If your Securities determine the redemption amount based on the performance of the Reference Asset(s) as at the final
valuation date only (rather than in respect of multiple periods throughout the term of the Securities) then you may not
benefit from any movement in level, value or price of the Reference Asset(s) during the term of the Securities that is not
reflected in the final performance.
VOLATILITY THE PERFORMANCE OF THIS PRODUCT MAY CHANGE UNPREDICTABLY. This unpredictable change is known as “volatility”
and may be influenced by the performance of any underlying asset as well as external factors including financial, political
and economic events and other market conditions.

Page 12 of 14
CAPITAL AT RISK THE CAPITAL INVESTED IN THIS PRODUCT IS AT RISK. Investors may receive back less than the capital invested in the
Product.
SELLING RISK AN INVESTOR MAY NOT BE ABLE TO FIND A BUYER FOR THE PRODUCT SHOULD THE INVESTOR WISH TO SELL THE
PRODUCT. If a buyer can be found, the price offered by that buyer may be lower than the price that an investor paid for the
Product or the amount an investor would otherwise receive at the maturity of the Product.
NO INVESTMENT IN OR AN INVESTMENT IN THE PRODUCT IS NOT THE SAME AS AN INVESTMENT IN THE UNDERLYING ASSETS REFERENCED BY
RIGHTS TO UNDERLYING THE PRODUCT. An investor in the Product has no ownership of, or rights to, the underlying assets referenced by the Product.
ASSETS The market value of the Product may not reflect movements in the price of such underlying assets. Payments made under
the Product may differ from payments made under the underlying assets.

ADJUSTMENTS THE TERMS OF THE PRODUCT MAY BE ADJUSTED BY BARCLAYS UPON CERTAIN EVENTS TAKING PLACE WHICH IMPACT
THE UNDERLYING ASSETS, INCLUDING MARKET DISRUPTION EVENTS.
SMALL HOLDINGS SMALL HOLDINGS MAY NOT BE TRANSFERABLE. Where the Product terms specify a minimum tradable amount, investors
will not be able to sell the Product unless they hold at least such minimum tradable amount.
INTEREST RATE RISK INVESTORS IN THE PRODUCT WILL BE EXPOSED TO INTEREST RATE RISK. Changes in interest rates will affect the performance
and value of the Product. Interest rates may change suddenly and unpredictably.
PAYMENTS PAYMENTS FROM BARCLAYS MAY BE SUBJECT TO DEDUCTIONS FOR TAX, DUTY, WITHHOLDING OR OTHER PAYMENTS
REQUIRED BY LAW.
OTHER RISKS THIS DOCUMENT CANNOT DISCLOSE ALL POSSIBLE RISKS OF THE PRODUCT. Before investing, investors must be satisfied
that they have sufficient information and understand the risks related to the Product so as to make an informed investment
decision. If investors are uncertain as to whether they have sufficient information, they should seek independent professional
advice before investing.
FOREIGN EXCHANGE RISK INVESTORS ARE EXPOSED TO FOREIGN EXCHANGE RISK. Foreign exchange rates may change suddenly and unpredictably.
Changes in the exchange rate between an investor’s home currency and the Product currency or settlement currency may
impact the performance of the Product and an investor’s return.
INTERACTION RISK THIS PRODUCT COMBINES DIFFERENT FINANCIAL COMPONENTS AND EXPOSURES WHICH MAY INTERACT UNPREDICTABLY
AND COULD AFFECT THE PERFORMACE OF THE PRODUCT.
TRACKING RISK There may be a difference between the performance of the underlying ETF and the performance of the asset pool or index
that the ETF is designed to track as a result of, for example, failure of the tracking strategy, currency differences, fees and
expenses.
DERIVATIVE RISK The ETF may invest in financial derivative instruments which expose the ETF and an investor to the credit, liquidity and
concentration risks of the counterparties to such financial derivative instruments.
PERFORMANCE OF AN ETF THE PERFORMANCE OF SHARES IN AN ETF IS UNPREDICTABLE. It depends on financial, political, economic and other events
as well as the ETF’s earnings, market position, risk situation, shareholder structure and distribution policy.
ETF ISSUER ACTION THE ETF ISSUER IS NOT INVOLVED IN THE PRODUCT. The ETF Issuer may take actions that adversely affect the value and
performance of the Product.

ISSUER SPECIFIC RISK FACTORS

COUNTERPARTY RISK Investors bear the credit risk of Barclays Bank PLC as issuer of the Securities. The Securities constitute unsubordinated,
unsecured contractual obligations of Barclays Bank PLC and rank pari passu in all respect with all other unsubordinated,
unsecured contractual obligations of Barclays Bank PLC. The insolvency of Barclays Bank PLC may lead to a part or total loss
of the invested capital.
BAIL-IN RISK The EU Directive establishing a framework for the recovery and resolution of credit institutions and investment firms (the
“BRRD”) was published in the EU Official Journal on 12 June 2014. The BRRD gives certain powers under a “bail-in tool” to
national supervisory authorities with respect to certain institutions (which could include the Issuer) in circumstances where
a national supervisory authority has determined that such an institution is likely to fail. In the United Kingdom, the majority
of the requirements of the BRRD have been implemented into national law in the Banking Act, including the introduction
of the bail-in tool as of 1 January 2015. The Banking Act confers substantial powers on a number of UK authorities designed
to enable them to take a range of actions in relation to UK banks and certain of their Affiliates in the event a bank in the
same group is considered to be failing or likely to fail.
This bail-in tool includes the ability to cancel all or part of the principal and/or interest of any unsecured liabilities or to
convert certain debt claims into equity or other securities of the Issuer or another person. These powers could be exercised
in respect of the Securities.
As a result, the exercise of any resolution power or any suggestion of any such exercise could materially adversely affect the
value of the Securities and could lead to you losing some or all of the value of your investment in the Securities.
SWISS SECURITIES BAIL-IN Under the terms of the Swiss Securities, you have agreed to be bound by the exercise of any UK Bail-In Power by the Relevant
RISK UK Resolution Authority that may result in the cancellation of all, or a portion, of the principal amount of, or interest on,
the Swiss Securities into shares or other securities or other obligations of the Issuer or another person. Your rights are subject
to, and will be varied, if necessary, to give effect to the exercise of any UK power by the Relevant UK Resolution Authority.
Accordingly, any UK Bail-In Power may be exercised in such a manner as to result in you and other Securityholders losing
all or part of the value of your investment in the Swiss Securities or receiving a different security from the Swiss Securities,
which may be worth significantly less than the Swiss Securities and which may have significantly fewer protections than
those typically afforded to debt securities. The exercise of the UK Bail-In Power by the Relevant UK Resolution Authority
with respect to Swiss Securities is not an Event of Default.

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CISA This product does not represent a participation in any of the collective investment schemes pursuant to the CISA and thus
does not require an authorization of the Swiss Financial Market Supervisory Authority (FINMA). Therefore, investors in this
product are not eligible for the specific investor protection under the CISA.
NO GOVERNMENT OR THIS PRODUCT IS NOT PROTECTED BY THE FINANCIAL SERVICES COMPENSATION SCHEME or any other government or
OTHER PROTECTION private protection scheme.
BARCLAYS FINANCIAL INVESTORS ARE EXPOSED TO BARCLAYS’ FINANCIAL STANDING. If Barclays becomes insolvent, Barclays may not be able
STANDING to make any payments under the Product and investors may lose their capital invested in the Product. A decline in Barclays’
financial standing is likely to reduce the market value of the Product and therefore the price an investor may receive for the
Product if they sell it in the market.
CREDIT RATINGS CREDIT RATINGS MAY BE LOWERED OR WITHDRAWN WITHOUT NOTICE. A rating is not a recommendation as to Barclays’
financial standing or an evaluation of the risks of the Product.

DISCLAIMERS

CONFLICT OF INTERESTS BARCLAYS IS A FULL SERVICE INVESTMENT BANK. In the normal course of offering investment banking products and
services to clients, Barclays may act in several capacities (including issuer, market maker, underwriter, distributor, index
sponsor, swap counterparty and calculation agent) simultaneously with respect to a Product, giving rise to potential conflict
of interests which may impact the performance of a Product.
BARCLAYS POSITIONS Barclays, its affiliates and associated personnel may at any time acquire, hold or dispose of long or short positions (including
hedging and trading positions) which may impact the performance of a Product.
PRIVATE INFORMATION BARCLAYS MAY HAVE PRIVATE INFORMATION ABOUT ANY PRODUCT AND/OR THE UNDERLYING ASSETS REFERENCED
BY THE PRODUCT. It is not obligated to disclose any such information to investors or counterparties.
NO OFFER Barclays is not offering to sell or seeking to buy any Product or enter into any transaction. Any transaction requires Barclays’
formal agreement which will be subject to internal approvals and binding transaction documents.
NO LIABILITY Barclays is not responsible for the use made of this document other than the purpose for which it is intended, except to the
extent this would be prohibited by law or regulation.
NO ADVICE OBTAIN INDEPENDENT PROFESSIONAL ADVICE BEFORE INVESTING OR TRANSACTING. Barclays is not an advisor and will
not provide any advice relating to a Product. Before making an investment decision, investors and counterparties should
ensure they have sufficient information to ascertain the legal, financial, tax and regulatory consequences of an investment
to enable them to make an informed investment decision.
THIRD PARTY Barclays is not responsible for information stated to be obtained or derived from third party sources or statistical services.
INFORMATION
DISTRIBUTION All laws and regulations in any relevant jurisdiction(s) must be complied with when offering, marketing or selling a Product
or distributing offering materials.
PAST & SIMULATED PAST Any past or simulated past performance (including back-testing) contained in this document is no indication as to future
PERFORMANCE performance.
OPINIONS SUBJECT TO All opinions and estimates are given as of the date hereof and are subject to change. Barclays is not obliged to inform
CHANGE investors and counterparties of any change to such opinions or estimates.
REGULATORY DISCLOSURE Information relating to an investment may be disclosed when required by regulators or other authorities, including tax
authorities.
TAX DISCLOSURE All discussions and any related materials relating to the tax treatment or tax structure of any transactions described in this
document (including any attachments) may be disclosed without limitation. This authorisation of tax disclosure supersedes
anything to the contrary contained in this document or otherwise communicated.
ABOUT BARCLAYS Barclays offers premier investment banking products and services to its clients through Barclays Bank PLC. Barclays Bank
PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority. Barclays Bank PLC is a member of the London Stock Exchange. Barclays Bank PLC is registered in
England No. 1026167. Registered Office: 1 Churchill Place, London E14 5HP.
COPYRIGHT Copyright Barclays Bank PLC, 2019 (all rights reserved).

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