New Issue: Barclays prices $6.12 million partial principal at risk notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 22 – Barclays Bank plc priced $6.12 million of 0% equity-linked partial principal at risk securities due May 5, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus the index return up to a maximum payout of 225% of par.

If the index finishes below its initial level, investors will be exposed to the decline, subject to a minimum payout of 90% of par.

Barclays is the agent with Morgan Stanley Wealth Management as a dealer.

Issuer:	Barclays Bank plc
Issue:	Equity-linked partial principal at risk securities
Underlying index:	S&P 500
Amount:	$6,119,000
Maturity:	May 5, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus index return, up to maximum payout of 225% of par; if index finishes below initial level, exposure to decline, subject to minimum payout of 90% of par
Initial level:	2,874.56
Pricing date:	April 17
Settlement date:	April 22
Agent:	Barclays with Morgan Stanley Wealth Management as a dealer
Fees:	3.5%
Cusip:	06747G331

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