New Issue: Barclays prices $970,000 autocallable contingent coupon notes on four stocks

Chicago, June 8 – Barclays Bank plc priced $970,000 of autocallable contingent coupon notes due Nov. 29, 2024 linked to the worst performing of Lowe’s Cos, Inc., Costco Wholesale Corp., Home Depot, Inc. and Walmart Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at an annualized rate of 6.5% if each stock closes at or above its coupon barrier level, 75% of its initial level, on the related observation date. Previously unpaid coupons will also be paid.

The notes will be automatically called at par if all four stocks close above their initial levels on the any quarterly observation date after six months.

If the notes are not redeemed early, the payout at maturity will be par unless any stock finishes below its 50% final barrier level, in which case investors will be fully exposed to the decline of the least performing stock from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable contingent coupon notes
Underlying stocks:	Lowe’s Cos, Inc., Costco Wholesale Corp., Home Depot, Inc. and Walmart Inc.
Amount:	$970,000
Maturity:	Nov. 29, 2024
Contingent coupon:	6.5% per year, payable quarterly if each stock closes at or above coupon barrier on the observation date for that period; previously unpaid coupons will also be paid
Price:	Par
Payout at maturity:	Par unless any stock finishes below its final barrier level, in which case full exposure to decline of least performing stock from its initial level
Call:	Automatically at par if all stocks close above initial levels on any quarterly observation date after six months
Initial levels:	$251.91 for Lowe’s, $545.26 for Costco, $408.37 for Home Depot, $145.81 for Walmart
Coupon barriers:	$188.93 for Lowe’s, $408.95 for Costco, $306.28 for Home Depot, $109.36 for Walmart; 75% of initial levels
Final barrier levels:	$125.96 for Lowe’s, $272.63 for Costco, $204.18 for Home Depot, $72.90 for Walmart; 50% of initial levels
Pricing date:	Nov. 24, 2021
Settlement date:	Nov. 30, 2021
Agent:	Barclays
Fees:	0.45%
Cusip:	06748WUS0

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