New Issue: Barclays sells $5,000 barrier notes linked to Ralph Lauren

By Kiku Steinfeld

Chicago, Aug. 24 – Barclays Bank plc priced $5,000 of 0% barrier notes due Sept. 10, 2021 linked to the common stock of Ralph Lauren Corp., according to a 424B2 filing with the Notes and Exchange Commission.

If the stock finishes at or above 65% of its initial price, the payout at maturity will be par plus the premium payment of 11.4%.

Otherwise%, investors will be fully exposed to the decline of the stock from its initial price.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier notes
Underlying stock:	Ralph Lauren Corp.
Amount:	$5,000
Maturity:	Sept. 10, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus premium payment of 11.4% if stock finishes at or above 65% of its initial price; otherwise, exposure to decline of stock
Initial price:	$64.89
Barrier price:	$42.18, 65% of initial price
Pricing date:	Aug. 7
Settlement date:	Aug. 12
Agent:	Barclays
Fees:	None
Cusip:	06741WJR2

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