By Wendy Van Sickle
Columbus, Ohio, Sept. 5 – Barclays Bank plc priced $1.2 million of 0% market-linked notes with leveraged upside participation and contingent downside due Sept. 4, 2025 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 158% times any index gain.
Investors will receive par if the index finishes flat or falls by up to 25% and lose 1% for each 1% decline beyond from its initial level if the index falls by more than 25%.
Wells Fargo Securities, LLC and Barclays are the agents.
| Issuer: | Barclays Bank plc
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| Issue: | Market-linked notes with leveraged upside participation and contingent downside
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| Underlying index: | Dow Jones industrial average
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| Amount: | $1.2 million
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| Maturity: | Sept. 4, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.58 times any index gain; par if index falls by up to 25%; full exposure to loss if index falls by more than 25%
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| Initial price: | 26,362.25
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| Threshold price: | 19,771.6875, 75% of initial price
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| Pricing date: | Aug. 29
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| Settlement date: | Sept. 4
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| Agents: | Wells Fargo Securities, LLC and Barclays
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| Fees: | 3.96%
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| Cusip: | 06747NBM5
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