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Published on 3/3/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays Bank prices $9.11 million Buffered PLUS linked to Euro Stoxx 50

New York, March 3 – Barclays Bank plc priced $9.11 million of 0% Buffered PLUS due Sept. 4, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus 200% of the return, subject to a maximum return of par plus 39%.

Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that the index declines beyond 15%.

Barclays is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Barclays Bank plc
Issue:Buffered PLUS
Underlying index:Euro Stoxx 50 index
Amount:$9,108,110
Maturity:Sept. 4, 2025
Coupon:0%
Price:Par of $10
Payout at maturity:If return of the index is positive, par plus 200% of the index's return, subject to a maximum return of par plus 39%; par if index declines by 15% or less; otherwise, 1% loss for every 1% that the index declines beyond 15%
Initial level:4,238.38
Buffer level:3,602.623, 85% of initial level
Upside leverage:200%
Cap:39%
Pricing date:Feb. 28
Settlement date:March 3
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3% including a structuring fee of 0.5%
Cusip:06748F670

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