New Issue: Barclays sells $4 million contingent fixed return market-linked buffered notes on S&P

By William Gullotti

Buffalo, N.Y., Jan. 19 – Barclays Bank plc priced $4 million of 0% market-linked securities – contingent fixed return and fixed percentage buffered downside due Jan. 15, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 80% buffer level, the payout at maturity will be par plus 22.1%.

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 – contingent fixed return and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$4 million
Maturity:	Jan. 15, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above buffer level, par plus 22.1%; otherwise, 1% loss for every 1% decline of index beyond 20%
Initial level:	4,783.83
Buffer level:	3,827.064; 80% of initial level
Pricing date:	Jan. 12
Settlement date:	Jan. 18
Agents:	Barclays Capital Inc. and Wells Fargo Securities LLC
Fees:	0.825%
Cusip:	06745PKK6

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