New Issue: Barclays prices $1.58 million autocallable notes linked to S&P 500

By William Gullotti

Buffalo, N.Y., June 26 – Barclays Bank plc priced $1.58 million of autocallable notes due June 22, 2026 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a 7.4% call premium if the index closes at or above its initial level on June 17, 2024.

If the notes are not called, the payout at maturity will be par plus any gain of the index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying index:	S&P 500 index
Amount:	$1,576,000
Maturity:	June 22, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus index return, subject to floor of par
Call:	Automatically at par plus a 7.4% call premium if the index closes at or above initial level on June 17, 2024
Initial level:	4,409.59
Pricing date:	June 16
Settlement date:	June 22
Agent:	Barclays
Fees:	0.6%
Cusip:	06745MJR0

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