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Published on 12/2/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $35.52 million Leveraged Index Return Notes linked to Dow

By Angela McDaniels

Tacoma, Wash., Dec. 2 – Barclays Bank plc priced $35.52 million of 0% Leveraged Index Return Notes due Nov. 29, 2024 linked to the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 115% of the index return. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

BofA Securities, Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Leveraged Index Return Notes
Underlying index:Dow Jones industrial average
Amount:$35,520,460
Maturity:Nov. 29, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 115% of index return; par if index declines by 20% or less; 1% loss for every 1% that index declines beyond 20%
Initial level:28,121.68
Threshold level:22,497.34, or 80% of initial level
Final level:Average of index’s closing levels on five trading days ending Nov. 25, 2024
Pricing date:Nov. 26
Settlement date:Dec. 4
Agent:BofA Securities, Inc.
Fees:2.5%
Cusip:06747D544

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