New Issue: Barclays prices $899,000 buffered SuperTracks tied to S&P, Dow

By Kiku Steinfeld

Chicago, Aug. 7 – Barclays Bank plc priced $899,000 of 0% buffered SuperTrack notes due Aug. 26, 2027 linked to the least performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the gain of the worse performing index.

If either index declines by up to 35%, the payout at maturity will be par.

If either falls by more than 35%, investors will lose 1% for each 1% decline of the worse performing index beyond the buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying assets:	S&P 500 index and Dow Jones industrial average
Amount:	$899,000
Maturity:	Aug. 26, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus return of worse performing index; if either index declines by up to 35%, par; otherwise, 1% loss per 1% decline of worse performing index beyond 35%
Initial levels:	4,012.32 for S&P and 33,153.91 for Dow
Buffer levels:	2,608.01 for S&P and 21,550.04 for Dow; 65% of initial levels
Pricing date:	Feb. 23, 2023
Settlement date:	Feb. 28, 2023
Agent:	Barclays
Fees:	3.5%
Cusip:	06749NLS9

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