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Published on 3/22/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $3.79 million notes linked to S&P 500 index

Chicago, March 22 – Barclays Bank plc priced $3.79 million of 0% notes due March 5, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum return of 14%. If the final index level is less than the initial index level, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:S&P 500 index
Amount:$3,791,000
Maturity:March 5, 2026
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial index level, par plus 1.5 times the index return, subject to maximum return of 14%; if final index level is less than initial index level, par
Initial level:5,096.27
Pricing date:Feb. 29
Settlement date:March 5
Agent:Barclays
Fees:0.8%
Cusip:06745PSH5

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