New Issue: Barclays prices $17.41 million capped absolute return buffer notes on S&P

By Wendy Van Sickle

Columbus, Ohio, Dec. 6 – Barclays Bank plc priced $17.41 million of 0% capped notes with absolute return buffer due Nov. 29, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will fully participate in the gains of the index up to a 75% cap.

If the index declines, but not more than 20%, investors will receive par plus the absolute value of the index return.

Otherwise, investors will be exposed to the decline in the index beyond the 20% buffer.

BofA Securities Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped notes with absolute return buffer
Underlying index:	S&P 500
Amount:	$17,411,480
Maturity:	Nov. 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes above initial level, investors will participate in the increase of the index capped at 75%; if index declines by up to 20%, investors receive par plus absolute value of index return; otherwise, exposure to losses of index beyond 20% buffer
Initial index level:	3,140.52
Threshold value:	2,512.42, 80% of initial level
Pricing date:	Nov. 26
Settlement date:	Dec. 4
Agent:	BofA Securities Inc.
Fees:	2.5%
Cusip:	06747D528

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