New Issue: Barclays sells $4.81 million capped market-linked notes with absolute return on S&P

By William Gullotti

Buffalo, N.Y., March 14 – Barclays Bank plc priced $4.81 million of 0% market-linked securities – upside participation to a cap with contingent absolute return and fixed percentage buffered downside due March 5, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of par plus 16.5%.

If the index falls up to 15%, the payout will be par plus the absolute value of the index return.

Otherwise, investors will lose 1% for each 1% decline of the index beyond 15%.

Wells Fargo Securities, LLC and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked securities – upside participation to a cap with contingent absolute return and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$4,813,000
Maturity:	March 5, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at par plus 16.5%; if index falls but finishes at or above threshold level, par plus absolute value of index return; otherwise, 1% loss for every 1% decline of the index beyond 15%
Initial level:	5,096.27
Threshold level:	4,331.8295; 85% of initial level
Pricing date:	Feb. 29
Settlement date:	March 5
Agent:	Barclays Capital Inc. and Wells Fargo Securities LLC
Fees:	2.53%
Cusip:	06745PQ95

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