New Issue: Barclays prices $3.47 million 7.7% buffered autocallable fixed-coupon notes on S&P

Chicago, July 21 – Barclays Bank plc priced $3.47 million of buffered autocallable fixed-coupon notes due Jan. 16, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a semiannual coupon at an annual rate of 7.2%.

The notes will be automatically called at par plus the coupon if the index closes at or above its initial level on any semiannual valuation date.

If the notes are not called and the index finishes at or above 75% of its initial level, the payout at maturity will be par plus the final coupon. Otherwise, investors will lose 1.333333% for each 1% decline of the index beyond the 25% buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable fixed-coupon notes
Underlying index:	S&P 500 index
Amount:	$3,468,000
Maturity:	Jan. 16, 2025
Coupon:	7.2% annually, paid semiannually
Price:	Par
Payout at maturity:	Par plus final coupon unless the index finishes below buffer level, in which case 1.333333% loss for each 1% decline of the index beyond 25%
Call:	At par plus coupon if the index closes at or above initial level on any semiannual valuation date
Initial level:	4,472.16
Buffer level:	3,354.12; 75% of initial level
Pricing date:	July 13
Settlement date:	July 18
Agent:	Barclays
Fees:	0.15%
Cusip:	06745MT24

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