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Published on 5/12/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.1 million Trigger PLUS linked to MSCI Emerging Markets index

New York, May 12 – Barclays Bank plc priced $2.1 million of 0% Trigger PLUS due May 4, 2028 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 140% of the index return.

Investors will receive par if the index return is negative but ends at or above the 75% trigger and will lose 1% for every 1% decline if it ends below the trigger level.

Barclays is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Barclays Bank plc
Issue:Trigger PLUS
Underlying index:MSCI Emerging Markets index
Amount:$2,103,000
Maturity:May 4, 2028
Coupon:0%
Price:Par
Payout at maturity:If return of index is positive, par plus 140% of the gain of the index; par if index declines but finishes at or above trigger level; otherwise, 1% loss for every 1% decline of index from initial level
Initial level:977.05
Trigger level:732.79, 75% of initial level
Upside leverage:140%
Pricing date:April 28
Settlement date:May 4
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:06745M4B1

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