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Published on 4/22/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $13.13 million Trigger PLUS linked to Euro Stoxx 50

New York, April 22 – Barclays Bank plc priced $13.13 million of 0% Trigger PLUS due May 7, 2030 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 225% of the index return.

Investors will receive par if the index return is negative but ends at or above the 65% trigger and will lose 1% for every 1% decline if it ends below the trigger level.

Barclays is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Barclays Bank plc
Issue:Trigger PLUS
Underlying index:Euro Stoxx 50 index
Amount:$13,129,000
Maturity:May 7, 2030
Coupon:0%
Price:Par
Payout at maturity:If return of index is positive, par plus 225% of the gain of the index; par if index declines but finishes at or above trigger level; otherwise, 1% loss for every 1% decline of index from initial level
Initial level:4,914.13
Trigger level:3,194.18, 65% of initial level
Upside leverage:225%
Pricing date:April 17
Settlement date:April 22
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:06745QFA2

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