New Issue: Barclays prices $33.88 million trigger PLUS tied to S&P 500 Value

By Wendy Van Sickle

Columbus, Ohio, Sept. 2 – Barclays Bank plc priced $33.88 million of 0% trigger Performance Leveraged Upside Securities due Sept. 3, 2026 linked to the S&P 500 Value index, according to a 424B2 with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 150% of the index return. If the index declines by 30% or less, the payout will be par. If the index declines by more than 30%, investors will lose 1% for every 1% that the index declines from its initial level.

Barclays is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	Barclays Bank plc
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	S&P 500 Value
Amount:	$33,881,170
Maturity:	Sept. 3, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than initial index level, par plus 150% of index return; if the index declines by 30% or less, par; if index declines by more than 30%, 1% loss for every 1% that index declines from initial level
Initial index level:	1,143.864
Trigger level:	800.705, 70% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 3
Agent:	Barclays
Distribution:	Morgan Stanley Wealth Management
Fees:	3.5%
Cusip:	06747J145

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