New Issue: Barclays prices $3.35 million 10% autocallable notes on Uber, McDonald’s

New York, Dec. 12 – Barclays Bank plc priced $3.35 million of 10% autocallable fixed coupon notes due Oct. 30, 2025 linked to the least performing of the common stocks of Uber Technologies, Inc., and McDonald’s Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be paid monthly.

The notes will be called at par if each stock closes at or above its initial level on any monthly review date after six months.

The payout at maturity will be par if each stock finishes at or above its 50% barrier value. If the least performing stock closes below its barrier value, investors will be exposed to the losses of the least performer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable fixed coupon notes
Amount:	$3,350,000
Underlying stocks:	Uber Technologies, Inc., and McDonald’s Corp.
Maturity:	Oct. 30, 2025
Coupon:	10% per annum, paid monthly
Price:	Par
Payout at maturity:	Par if each stock finishes at or above its barrier value; otherwise, 1% loss for each 1% decline of least performing stock from initial level
Call:	Automatically at par if each stock closes at or above initial level on any monthly review date starting April 25, 2024
Initial levels:	$42.35 for Uber, $258.03 for McDonald’s
Barrier values:	$21.18 for Uber, $129.02 for McDonald’s, 50% of initial levels
Pricing date:	Oct. 25
Settlement date:	Oct. 30
Agent:	Barclays
Fees:	3%
Cusip:	06744EAQ0

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