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Published on 9/18/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.08 million Trigger PLUS linked to Euro Stoxx 50

New York, Sept. 18 – Barclays Bank plc priced $6.08 million of 0% Trigger PLUS due Sept. 6, 2029 linked to the Euro Stoxx 50 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 196% of the index return.

Investors will receive par if the index return is negative but ends at or above the 65% 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:Euro Stoxx 50 index
Amount:$6,079,000
Maturity:Sept. 6, 2029
Coupon:0%
Price:Par
Payout at maturity:If return of index is positive, par plus 196% of the gain; par if index declines but finishes at or above trigger level; otherwise, 1% loss for every 1% decline from initial level
Initial level:4,297.11
Trigger level:2,793.12, 65% of initial level
Upside leverage:196%
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:06745N6Z4

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