New Issue: Barclays prices $500,000 autocallable fixed-coupon notes on Penn National

Chicago, April 19 – Barclays Bank plc priced $500,000 of 14.25% autocallable fixed-coupon notes due March 20, 2023 linked to the common stock of Penn National Gaming, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable quarterly.

The notes will be automatically called at par if the stock closes at or above its initial level on any quarterly call valuation date after six months.

If the notes are not called, the payout at maturity will be par unless the stock finishes below 50% of its initial level, in which cases investors will lose 1% for each 1% of the stock below the initial value.

Barclay is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable fixed-coupon notes
Underlying stock:	Penn National Gaming, Inc.
Amount:	$500,000
Maturity:	March 20, 2023
Coupon:	14.25%, payable quarterly
Price:	Par
Call:	At par if stock closes at or above initial level on any quarterly call valuation date after six months
Payout at maturity:	Par unless stock finishes below barrier level, in which case investors lose 1% for each 1% decline from initial level
Initial level:	$136.47
Barrier level:	$68.24, 50% of initial level
Pricing date:	March 15
Settlement date:	March 18
Agent:	Barclays
Fees:	2.35%
Cusip:	06748EF81

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