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Published on 4/1/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.02 million PLUS due 2022 linked to Stoxx 50

By Kiku Steinfeld

Chicago, April 1 – Barclays Bank plc priced $4.02 million of 0% Performance Leveraged Upside Securities due July 6, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum payout of par plus 20%.

Investors will be exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:Barclays Bank plc
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$4,016,110
Maturity:July 6, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at par plus 20%; exposure to any losses
Initial level:3,833.36
Pricing date:March 12
Settlement date:March 17
Agent:Barclays
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:06744A352

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