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Published on 3/21/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1 million barrier SuperTrack notes linked to Nasdaq, Dow, Russell

Chicago, March 21 – Barclays Bank plc priced $1 million of 0% barrier SuperTrack notes due March 6, 2029 linked to the least performing of the Russell 2000 index, the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing index’s return is positive, the payout at maturity will be par plus 198% of the least-performing index’s return.

If the least-performing index declines by 30% or less, the payout will be par. Investors will lose 1% for each 1% that the least-performing index declines from its initial level if it falls by more than 30%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Barrier SuperTrack notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and Dow Jones industrial average
Amount:$1,000,000
Maturity:March 6, 2029
Coupon:0%
Price:Par
Payout at maturity:If least-performing index’s return is positive, par plus 198% of least-performing index’s return; if least-performing index’s final level is less than or equal to initial level but greater than or equal to barrier level, par; if least-performing index’s final level is less than barrier level, 1% loss for every 1% that least-performing index declines from initial level
Initial level:18,302.91 for Nasdaq, 2,076.395 for Russell, 39,087.38 for Dow
Barrier levels:12,812.04 for Nasdaq, 1,453.48 for Russell, 27,361.17 for Dow; 70% of initial levels
Pricing date:March 1
Settlement date:March 6
Agent:Barclays
Fees:0.75%
Cusip:06745PYG0

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