New Issue: Barclays sells $1.37 million leveraged market-linked notes on S&P 500

By Kiku Steinfeld

Chicago, Sept. 26 – Barclays Bank plc priced $1.37 million of 0% market-linked securities– leveraged upside participation and contingent downside due Feb. 3, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 1.09 times the index return.

If the index falls by up to 25%, the payout will be par.

If the index falls by more than 25%, investors will lose 1% for every 1% decline of the index.

Barclays and Wells Fargo Securities, LLC are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked securities– leveraged upside participation and contingent downside
Underlying index:	S&P 500
Amount:	$1,367,000
Maturity:	Feb. 3, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than the initial index level, par plus 1.09 times the index return; if the index falls by up to 25%, par; if the index falls by more than 25%, 1% loss for every 1% decline of the index
Initial level:	4,515.55
Buffer level:	3,386.6625, 75% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 3
Agents:	Barclays and Wells Fargo Securities, LLC
Fees:	3.97%
Cusip:	06748WZH9

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