By Wendy Van Sickle
Columbus, Ohio, March 7 – Barclays Bank plc priced $8.53 million of 0% capped accelerated return notes due Dec. 3, 2027 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
At maturity, if the index return is greater than or equal to 52%, the payout will be par plus 91.8%.
If the index return is less than 52% but greater than or equal to 22%, the payout will be par plus 195% of the index return over 22% plus 33.3%.
If the index return is less than 22% but the index finishes at or above 92% of its initial level, the payout will be par plus [$1,000 times 1.11 times (the index return plus 8%)].
If the index return is greater than or equal to negative 28% but less than negative 8%, the payout will be par plus [$1,000 times 1.4 times (the index return plus 8%)].
If the index return is less than negative 28%, investors will be exposed to the index’s decline from its initial level.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Capped accelerated return notes
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| Underlying index: | Dow Jones industrial average
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| Amount: | $8,532,000
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| Maturity: | Dec. 3, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is greater than or equal to 52%, par plus 91.8%; if index return is less than 52% but greater than or equal to 22%, par plus 195% of index return over 22% plus 33.3%; if index return is less than 22% but greater than or equal to negative 8%, par plus [$1,000 times 1.11 times (index return plus 8%)]; if index return is greater than or equal to negative 28% but less than negative 8%, par plus [$1,000 times 1.4 times (index return plus 8%)]; if index return is less than negative 28%, exposure to index’s decline from initial level
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| Initial index level: | Average of index’s closing levels on every trading day from Feb. 24 to May 24
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| Final index level: | Average of index’s closing levels on every trading day from Sept. 1, 2027 to Nov. 30, 2027
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| Pricing date: | Feb. 28
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| Settlement date: | March 7
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| Agent: | Barclays Capital Inc.
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| Fees: | 0.25%
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| Cusip: | 06748XHN4
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