By Wendy Van Sickle
Columbus, Ohio, March 1 – Barclays Bank plc priced $20.5 million of 0% capped buffer in-gears due Aug. 24, 2026 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above 139% of the initial level, the payout at maturity will be par plus 66%.
If the index finishes between 124% and 139% of initial level, the payout will be par plus 24% plus 2.8 times the gain beyond 24%.
If the index return is or gains up to 24%, the payout will be par plus the gain.
If the index falls by up to 10%, the payout will be par. If the index finishes below the 90% downside threshold, investors will lose 1% for every 1% index decline beyond 10%.
UBS Financial Services Inc. and Barclays are the agents.
| Issuer: | Barclays Bank plc
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| Issue: | Capped buffer in-gears
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| Underlying index: | Dow Jones industrial average
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| Amount: | $20.5 million
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| Maturity: | Aug. 24, 2026
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If the index finishes above 139% of the initial level, par plus 66%; if index gains between 24% and 39%, par plus 24% plus 2.8 times the gain beyond 24%; if index return is flat or gains up to 24%, par plus the gain; if index falls by up to 10%, par; otherwise, 1% loss for every 1% index decline beyond 10%
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| Initial level: | Average of index closing levels over three-month period from Feb. 22 to and including March 4
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| Final level: | Average of index closing levels over the three-month period from or gains up to 24%, par plus the gain to and including Aug. 19, 2026
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| Pricing date: | Feb. 23
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| Settlement date: | Feb. 28
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| Agents: | UBS Financial Services Inc. and Barclays
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| Fees: | 2.5%
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| Cusip: | 06747J434
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