New Issue: Barclays prices $11.61 million Leveraged Index Return Notes on Russell

By Marisa Wong

Los Angeles, June 2 – Barclays Bank plc priced $11.61 million of 0% Capped Leveraged Index Return Notes due July 29, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 2 times any index gain, up to a maximum payout of par plus 10.7%.

If the index falls by up to 5%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 5%.

BofA Securities, Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Russell 2000
Amount:	$11,609,640
Maturity:	July 29, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 10.7%; par if index falls by up to 5%; otherwise, 1% loss for every 1% index decline beyond 5%
Initial level:	2,273.073
Threshold level:	2,159.419, 95% of initial level
Final index level:	Average of index’s closing levels on five trading days ending July 26, 2022
Pricing date:	May 27
Settlement date:	June 4
Underwriter:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	06747R212

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