New Issue: Barclays sells $3.73 million capped buffer gears linked to S&P 500

By Kiku Steinfeld

Chicago, Oct. 26 – Barclays Bank plc priced $3.73 million of 0% capped buffer gears due Oct. 20, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 2 times the index return, capped at par plus 15.35%. Investors will receive par if the index declines by 10% or less and lose 1% for every 1% that the index declines beyond 10%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffer gears
Underlying index:	S&P 500
Amount:	$3,727,000
Maturity:	Oct. 20, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 2 times the index return, capped at par plus 15.35%; par if the index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial index level:	3,483.81
Downside threshold:	3,135.43, 90% of initial level
Pricing date:	Oct. 16
Settlement date:	Oct. 21
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2%
Cusip:	06747K423

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