New Issue: Barclays prices $500,000 buffered SuperTrack notes tied to S&P, Dow

By Kiku Steinfeld

Chicago, March 1 – Barclays Bank plc priced $500,000 of 0% buffered SuperTrack notes due Nov. 26, 2025 linked to the least performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing index’s return is positive, the payout at maturity will be par plus 1.175 times the least-performing index’s return.

If the least-performing index declines by 30% or less, the payout will be par. Investors will lose 1.428571% for each 1% that the least-performing index declines beyond 30%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	S&P 500 index, Dow Jones industrial average
Amount:	$500,000
Maturity:	Nov. 26, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If least-performing index’s return is positive, par plus 1.175 times least-performing index’s return; if least-performing index’s final level is less than or equal to initial level but greater than or equal to buffer level, par; if least-performing index’s final level is less than buffer level, 1.428571% loss for every 1% that least-performing index declines beyond buffer
Initial levels:	3,949.94 for S&P, 33,700.28 for Dow
Buffer levels:	2,764.96 for S&P, 23,590.20 for Dow; 70% of initial levels
Pricing date:	Nov. 21, 2022
Settlement date:	Nov. 25, 2022
Agent:	Barclays
Fees:	0.25%
Cusip:	06749N6B3

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