New Issue: Barclays sells $1.27 million buffered autocallable fixed-coupon notes on four stocks

By William Gullotti

Buffalo, N.Y., June 2 – Barclays Bank plc priced $1.27 million of 8.5% buffered autocallable fixed-coupon notes due May 29, 2026 linked to the share performance of Alphabet Inc., Apple Inc., Amazon.com, Inc. and Microsoft Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be automatically called at par if each stock closes at or above its initial level on quarterly call date after one year.

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

Barclay is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable fixed-coupon notes
Underlying stocks:	Alphabet Inc., Apple Inc., Amazon.com, Inc., Microsoft Corp.
Amount:	$1,269,000
Maturity:	May 29, 2026
Coupon:	8.5%, payable monthly
Price:	Par
Payout at maturity:	Par unless any stock finishes below buffer level, in which case 1% loss for each 1% decline of the worst performer beyond buffer
Call:	At par if each stock closes at or above initial level on any quarterly call date after one year
Initial levels:	$124.35 for Alphabet, $172.99 for Apple, $115.00 for Amazon, $325.92 for Microsoft
Buffer levels:	$99.48 for Alphabet, $138.39 for Apple, $92.00 for Amazon, $260.74 for Microsoft; 80% of initial levels
Pricing date:	May 25
Settlement date:	May 31
Agent:	Barclays
Fees:	3%
Cusip:	06745MBW7

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