New Issue: Barclays sells $3.3 million buffered autocallable notes on three indexes

By William Gullotti

Buffalo, N.Y., Sept. 15 – Barclays Bank plc priced $3.3 million of buffered autocallable notes due March 14, 2023 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus an annualized call premium of 9% if each index closes at or above its initial level on any semiannual review date after one year.

If the notes are not called, but each index finishes at or above its 80% buffer level, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% decline of the worst performer beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable notes
Underlying indexes:	Russell 2000 index, S&P 500 index
Amount:	$3,297,000
Maturity:	March 14, 2023
Contingent coupon:	0%
Price:	Par
Payout at maturity:	Par unless an index finishes below buffer level; in which case 1.25% loss for each 1% decline of the worst performer beyond the buffer
Call:	Automatically at par plus 9% annualized call premium if each index closes at or above its initial level on any semiannual review date after one year
Initial levels:	2,249.73 for Russell, 4,514.07 for S&P
Buffer levels:	1,799.78 for Russell, 3,611.26 for S&P; 80% of initial levels
Pricing date:	Sept. 9
Settlement date:	Sept. 14
Agent:	Barclays
Fees:	0.05%
Cusip:	06748WH71

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