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Published on 4/13/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.06 million leveraged upside participation market-linked notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, April 13 – Barclays Bank plc priced $1.06 million of 0% market-linked securities – leveraged upside participation to a cap and contingent downside due April 6, 2026 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 plus 200% of the gain in the index, up to a 49% maximum gain.

If the index falls by up to 30%, the payout will be par.

Otherwise, investors will have full exposure to the index decline.

Wells Fargo Securities LLC is the agent.

Issuer:Barclays Bank plc
Issue:Market-linked securities – leveraged upside participation to a cap and contingent downside
Underlying:Euro Stoxx 50 index
Amount:$1.06 million
Maturity:April 6, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of the index gain, up to a 49% maximum gain; if index falls by up to 30%, par; otherwise, full exposure to the loss
Initial level:4,231.27
Threshold level:2,961.889, 70% of initial level
Pricing date:March 29
Settlement date:April 3
Agent:Wells Fargo Securities LLC
Fees:2.825%
Cusip:06749NYG1

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