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Published on 3/25/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.05 million notes linked to S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, March 25 – Barclays Bank plc priced $1.05 million of 0% notes due March 25, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 18.75%. If the final index level is less than the initial index level, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:S&P 500 index
Amount:$1.05 million
Maturity:March 25, 2026
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial index level, par plus the index return, subject to maximum return of 18.75%; if final index level is less than initial index level, par
Initial level:5,224.62
Pricing date:March 20
Settlement date:March 25
Agent:Barclays
Fees:0.75%
Cusip:06745QD97

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