New Issue: Barclays prices $500,000 autocallable fixed-coupon notes on Etsy

Chicago, May 25 – Barclays Bank plc priced $500,000 of 7.75% autocallable fixed-coupon notes due Nov. 2, 2023 linked to the common stock of Etsy, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be automatically called at par if the stock closes at or above its initial level on any quarterly call valuation date after six months.

If the notes are not called, the payout at maturity will be par unless the stock finishes below 60% of its initial level, in which cases investors will lose 1% for each 1% of the stock below the initial value, payable in shares or cash at the issuer’s option.

Barclay is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable fixed-coupon notes
Underlying stock:	Etsy, Inc.
Amount:	$500,000
Maturity:	Nov. 2, 2023
Coupon:	7.75%, payable monthly
Price:	Par of $10,000
Call:	At par if stock closes at or above initial level on any quarterly call valuation date after six months
Payout at maturity:	Par unless stock finishes below barrier level, in which case investors lose 1% for each 1% decline from initial level, payable in shares or cash at the issuer's option
Initial level:	$242.75
Barrier level:	$145.65; 60% of initial level
Physical delivery amount:	41.19464 shares
Pricing date:	Oct. 28, 2021
Settlement date:	Nov. 2, 2021
Agent:	Barclays
Fees:	1.75%
Cusip:	06741WK66

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