New Issue: Barclays prices $2.96 million buffered PLUS due 2024 tied to Topix

By Sarah Lizee

Olympia, Wash., March 4 – Barclays Bank plc priced $2.96 million of 0% buffered Performance Leveraged Upside Securities due March 5, 2024 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 180% of the index return. Investors will receive par if the index falls by up to 25% and will be exposed to any index decline beyond 25%.

Barclays is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

Issuer:	Barclays Bank plc
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Topix index
Amount:	$2,957,350
Maturity:	March 5, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 180% of index return; par if index falls by up to 25%; exposure to losses beyond 25%
Initial level:	1,607.66
Pricing date:	Feb. 28
Settlement date:	March 5
Underwriter:	Barclays
Dealer:	Morgan Stanley Wealth Management
Fees:	3.5%
Cusip:	06746Y747

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