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Published on 11/21/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.34 million upside participation notes linked to Nasdaq

By Angela McDaniels

Tacoma, Wash., Nov. 21 – Barclays Bank plc priced $6.34 million of 0% market-linked securities – upside participation to a cap and principal return at maturity due Oct. 5, 2026 linked to the Nasdaq-100 index, according to a 424B2 filing 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 plus the index return, subject to a maximum return of 30%. If the final index level is less than or equal to the initial index level, the payout will be par.

Wells Fargo Securities, LLC and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Market-linked securities – upside participation to a cap and principal return at maturity
Underlying index:Nasdaq-100 index
Amount:$6,335,000
Maturity:Oct. 5, 2026
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus index return, subject to maximum return of 30%; if final index level is less than or equal to initial index level, par
Initial level:12,963.14
Pricing date:March 30
Settlement date:April 4
Agents:Wells Fargo Securities, LLC and Barclays
Fees:3.325%
Cusip:06749NTZ5

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