New Issue: Barclays sells $450,000 buffered SuperTrack notes on S&P 500

By Kiku Steinfeld

Chicago, Feb. 2 – Barclays Bank plc priced $450,000 of 0% buffered SuperTrack notes due June 20, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus two times the index return up to par plus 19.4%.

If the index falls by up to 35%, the payout will be par. Otherwise, investors will lose 1% for every 1% index decline beyond 35%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying index:	S&P 500 index
Amount:	$450,000
Maturity:	June 20, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain up to par plus 19.4%; par if index falls by up to 35%; otherwise, 1% loss for every 1% index decline beyond 35% buffer
Initial level:	4,425.84
Buffer level:	2,876.80, 65% of initial level
Pricing date:	June 16, 2023
Settlement date:	June 22, 2023
Agent:	Barclays
Fees:	0.15%
Cusip:	06745MKC1

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