New Issue: Barclays sells $171,000 autocallable contingent coupon equity notes on three indexes

By Kiku Steinfeld

Chicago, June 21 – Barclays Bank plc priced $171,000 of autocallable contingent coupon equity-linked securities due June 2, 2023 linked to the worst performing of the S&P 500 index, the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 9% if each index closes at or above the coupon barrier level, 75% of the initial level, on the valuation date for that period.

The notes will be automatically called at par plus the coupon if each index closes at or above its initial level, on any quarterly valuation date after six months.

At maturity, investors will receive par if all indexes finish at or above their initial levels. Alternatively, investors will receive par if no index closes below 75% knock-in level during the life of the notes.

Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable contingent coupon equity-linked securities
Underlying indexes:	Russell 2000 index, S&P 500 index, Dow Jones industrial average
Amount:	$171,000
Maturity:	June 2, 2023
Coupon:	9% annualized rate, payable quarterly if each index closes at or above coupon barrier level, on valuation date for that period
Price:	Par
Payout at maturity:	Par if all indexes finish at or above initial levels; par if no index closes below knock-in level during the life of the notes; otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level
Call:	Automatically at par plus coupon if each index closes at or above initial level on any quarterly valuation date after six months
Initial levels:	4,567.00 for S&P, 2,198.91 for Russell, 34,483.72 for Dow
Coupon barrier levels:	3,425.25 for S&P, 1,649.18 for Russell, 25,862.79 for Dow; 75% of initial levels
Knock-in levels:	3,425.25 for S&P, 1,649.18 for Russell, 25,862.79 for Dow; 75% of initial levels
Pricing date:	Nov. 30, 2021
Settlement date:	Dec. 3, 2021
Agent:	Barclays
Fees:	1.15%
Cusip:	06748WRJ4

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