New Issue: Barclays prices $1.28 million buffered autocallable notes tied to S&P, Russell

By Sarah Lizee

Olympia, Wash., Aug. 19 – Barclays Bank plc priced $1.28 million of buffered autocallable notes due Feb. 19, 2027 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a monthly contingent coupon of 5.35% per year if each index closes above 80% of its initial level on the related payment date for that month.

The notes will be called at par if each asset closes at or above its initial level on any monthly call valuation date after one year.

The payout at maturity will be par unless either asset falls by more than 20%, in which case investors will lose 1% for each 1% decline of the worse performing asset beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable notes
Underliers:	S&P 500 index and Russell 2000 index
Amount:	$1.28 million
Maturity:	Feb. 19, 2027
Coupon:	Notes will pay a monthly contingent coupon of 5.35% per year if each index closes above 80% of its initial level on the related payment date for that month
Price:	Par
Payout at maturity:	Par unless either underlier finishes below buffer level, in which case 1% loss for every 1% that lesser-performing underlier declines beyond 20%
Call:	After one year, automatically at par if each underlier closes at or above initial level on any monthly call determination date
Initial levels:	2,840.60 for S&P, 1,467.52 for Russell
Pricing date:	Aug. 14
Settlement date:	Aug. 19
Agent:	Barclays
Fees:	3.75%
Cusip:	06747NDE1

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