New Issue: Barclays prices $500,000 buffered SuperTrack notes linked to MSCI EAFE, Euro Stoxx

By Angela McDaniels

Tacoma, Wash., April 25 – Barclays Bank plc priced $500,000 of 0% buffered SuperTrack notes due July 22, 2025 linked to the lesser of the MSCI EAFE index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser performing index’s final level is greater than or equal to its initial level, the payout at maturity will be par plus 1.5525 times that index’s return. If the lesser performing index declines by up to 30%, the payout will be par. Otherwise, investors will lose 1.428571% for every 1% that the lesser performing index declines beyond 30%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	MSCI EAFE index and Euro Stoxx 50 index
Amount:	$500,000
Maturity:	July 22, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser performing index’s final level is greater than or equal to initial level, par plus 1.5525 times that index’s return; if lesser performing index declines by up to 30%, par; otherwise, 1.428571% loss for every 1% that lesser performing index declines beyond 30%
Initial levels:	2,175.30 for MSCI EAFE and 4,356.79 for Euro Stoxx
Buffer levels:	1,522.71 for MSCI EAFE and 3,049.75 for Euro Stoxx, or 70% of initial levels
Pricing date:	July 17, 2023
Settlement date:	July 20, 2023
Agent:	Barclays
Fees:	0.3%
Cusip:	06745MSF6

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