New Issue: Barclays sells $600,000 buffered market-linked notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, July 22 – Barclays Bank plc priced $600,000 of 0% market-linked notes with leveraged upside participation fixed-percentage buffered downside due July 22, 2026 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 the index return.

If the index falls by up to 20%, the payout will be par.

If the index falls by more than 20%, investors will lose 1% for every 1% decline of the index beyond 20%.

Barclays and Wells Fargo Securities, LLC are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked notes with upside participation and fixed-percentage buffered downside
Underlying index:	S&P 500
Amount:	$600,000
Maturity:	July 22, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than the initial index level, par plus index return; if the index falls by up to 20%, par; if the index falls by more than 20%, 1% loss for every 1% decline of the index beyond 20%
Initial level:	3,224.73
Buffer level:	2,579.784, 80% of initial level
Pricing date:	July 17
Settlement date:	July 22
Agents:	Barclays and Wells Fargo Securities, LLC
Fees:	4.52%
Cusip:	06747Q6M4

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