New Issue: Barclays prices $60,000 leveraged upside participation market-linked notes on Dow

By Kiku Steinfeld

Chicago, Sept. 5 – Barclays Bank plc priced $60,000 of 0% market-linked securities with leveraged upside participation and fixed-percentage buffered downside due March 2, 2029 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 110% times any gain in the index.

If the index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the index beyond 20%.

Wells Fargo Securities, LLC and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked securities with leveraged upside participation and fixed-percentage buffered downside
Underlying index:	Dow Jones industrial average
Amount:	$60,000
Maturity:	March 2, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 110% times any gain; if index falls by up to 20%, par; otherwise, 1% loss for every 1% decline of index beyond 20%
Initial level:	32,889.09
Buffer level:	26,311.272, 80% of initial level
Pricing date:	Feb. 27, 2023
Settlement date:	March 2, 2023
Agents:	Barclays Capital Inc. and Wells Fargo Securities LLC
Fees:	3.82%
Cusip:	06749NLQ3

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