New Issue: Barclays sells $2.69 million trigger gears linked to iShares MSCI EAFE ETF

By Wendy Van Sickle

Columbus, Ohio, May 2 – Barclays Bank plc priced $2.69 million of 0% trigger gears due April 29, 2022 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is greater than zero, the payout at maturity will be par of $10 plus 1.665 times the ETF return. Investors will receive par if the ETF declines by 25% or less and will lose 1% for each 1% decline from its initial level if the ETF declines by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger gears
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$2,685,550
Maturity:	April 29, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.665 times any ETF gain; par if the ETF declines by 25% or less; full exposure to decline from initial level if ETF declines by more than 25%
Initial level:	$63.99
Downside threshold:	$47.99, 75% of initial level
Pricing date:	April 25
Settlement date:	April 28
Agents:	UBS Financial Services Inc. and Barclays
Fees:	3.5%
Cusip:	06746J799

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