New Issue: Barclays prices $7.17 million capped notes linked to S&P 500

By William Gullotti

Buffalo, N.Y., April 6 – Barclays Bank plc priced $7.17 million of 0% capped notes due March 31, 2026 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payout of par plus 24%.

Otherwise, investors will receive par.

Barclays is the agent. J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. will act as placement agents.

Issuer:	Barclays Bank plc
Issue:	Capped notes
Underlying index:	S&P 500 index
Amount:	$7,166,000
Maturity:	March 31, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 24%; otherwise, par
Initial level:	3,971.27
Pricing date:	March 28
Settlement date:	March 31
Agent:	Barclays
Placement agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A.
Fees:	2%
Cusip:	06749NUV2

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