New Issue: Barclays prices $3.92 million step-down trigger autocallable notes on indexes

By Kiku Steinfeld

Chicago, Sept. 1 – Barclays Bank plc priced $3.92 million 0% step-down trigger autocallable notes due Aug. 22, 2024 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par of $10 plus 8.43% annually if each index closes above its initial level on any quarterly valuation date after one year or above its 75% downside threshold level on the final valuation date.

If the notes are not called and the worst performing index finishes below its downside threshold level, investors will be fully exposed to its losses.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Step-down trigger autocallable notes
Underlying indexes:	S&P 500 index, the Russell 2000 index and the Nasdaq-100 index
Amount:	$3,916,000
Maturity:	Aug. 22, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 25.29% if all indexes close above their 75% downside threshold levels, otherwise full exposure to losses of worst performing index
Call:	Par plus 8.43% per year if all indexes close above initial level on any quarterly valuation date after one year
Initial levels:	4,405.80 for S&P, 2,132.420 for Russell and 14,933.94 for Nasdaq
Downside threshold levels:	3,304.35 for S&P, 1,599.315 for Russell and 11,200.46 for Nasdaq, 75% of initial levels
Pricing date:	Aug. 19
Settlement date:	Aug. 24
Agents:	UBS Financial Services Inc. and Barclays
Fees:	1.5%
Cusip:	06747X714

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