Barclays plans 6.3%-7.3% contingent yield trigger autocalls on indexes

By Susanna Moon

Chicago, Oct. 26 – Barclays Bank plc price trigger autocallable contingent yield notes due Oct. 31, 2028 linked to the worst performing of the Russell 2000 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at an annual rate of 6.3% to 7.3% if each index closes at or above its 70% coupon barrier on the observation date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any valuation date other than the final date after one year.

The payout at maturity will be par unless either index finishes below its 50% trigger level, in which case investors will lose 1% for each 1% decline of the worse performing index.

UBS Financial Services Inc. and Barclays are the agents.

The notes will price on Oct. 29.

The Cusip number is 06746V206.

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