By Wendy Van Sickle
Columbus, Ohio, Dec. 7 – Barclays Bank plc priced $10 million of 9.5% barrier fixed coupon notes due Dec. 6, 2022 linked to the common stocks of Costco Wholesale Corp., Eli Lilly and Co. and Xerox Holdings Corp., according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly
The payout at maturity will be par plus any index gain.
The payout at maturity will be par, unless any index finishes below the 60% barrier level, in which case investors will be exposed to the decline of the least performing stock from the initial level.
Barclays is the underwriter.
| Issuer: | Barclays Bank plc
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| Issue: | Barrier fixed coupon notes
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| Underlying stocks: | Costco Wholesale Corp., Eli Lilly and Co. and Xerox Holdings Corp.
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| Amount: | $10 million
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| Maturity: | Dec. 6, 2022
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| Coupon: | 9.5%, payable monthly
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| Price: | Par
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| Payout at maturity: | Par unless any index finishes below the 60% barrier level, in which case exposure to decline of least performing stock from initial level
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| Initial levels: | $391.77 for Costco, $145.65 for Eli Lilly and $21.89 for Xerox
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| Barrier levels: | $235.06 for Costco, $87.39 for Eli Lilly and $13.13 for Xerox, 60% of initial level
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| Pricing date: | Dec. 1
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| Settlement date: | Dec. 4
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| Underwriter: | Barclays
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| Fees: | 0.32%%
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| Cusip: | 06747QSF5
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