New Issue: Barclays prices $15 million contingent income autocalls on S&P, Russell, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, June 29 – Barclays Bank plc priced $15 million of contingent income autocallable securities due June 26, 2026 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at the rate of 9.3% per year if each index closes at or above its downside threshold level, 70% of its initial level, on every trading day during the observation period.

The notes will be automatically called at par plus any coupon otherwise due if each index closes at or above its initial level on any observation date.

If each index finishes at or above its downside threshold level, the payout at maturity will be par plus any final coupon otherwise due. Otherwise, investors will lose 1% for every 1% that the least performing index declines from its initial level.

Barclays is the agent. Morgan Stanley Wealth Management is acting as a selected dealer.

Issuer:	Barclays Bank plc
Issue:	Contingent income autocallable securities
Underlying indexes:	S&P 500 index, Nasdaq-100 index, Russell 2000 index
Amount:	$15 million
Maturity:	June 26, 2026
Coupon:	9.3% per year, payable quarterly if each index closes at or above downside threshold level on every trading day during the observation period
Price:	Par
Payout at maturity:	If each index finishes at or above downside threshold level, par plus any final coupon otherwise due; otherwise, 1% loss for every 1% that least performing index declines from initial level
Call:	Automatically at par plus any coupon otherwise due if each index closes at or above initial level on any observation date
Initial index levels:	4,348.33 for S&P, 14,891.48 for Nasdaq, 1,821.635 for Russell
Downside threshold levels:	3,043.831 for S&P, 10,424.036 for Nasdaq, 1,275.145 for Russell; 70% of initial levels
Pricing date:	June 23
Settlement date:	June 28
Agent:	Barclays
Selected dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	06745MKT4

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