Published on 2/12/2024 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $393,000 notes linked to Barclays Trailblazer Sectors 5
Chicago, Feb. 12 – Barclays Bank plc priced $393,000 of 0% notes due March 2, 2026 linked to the Barclays Trailblazer Sectors 5 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 plus 2.5 times the index return. If the index return is zero or negative, the payout will be par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | Barclays Trailblazer Sectors 5 index
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| Amount: | $393,000
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| Maturity: | March 2, 2026
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 2.5 times index return; if index return is zero or negative, par
|
| Initial level: | 198.4558
|
| Pricing date: | May 25, 2023
|
| Settlement date: | May 31, 2023
|
| Agent: | Barclays
|
| Fees: | 3.25%
|
| Cusip: | 06745MB72
|
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