New Issue: Barclays prices $6.78 million capped trigger gears on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Feb. 28 – Barclays Bank plc priced $6.78 million of 0% capped trigger gears due Feb. 28, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 5 times any index gain, capped at par plus 55%.

If the index finishes flat or falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the index declines below the initial level.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped trigger gears
Underlying index:	Euro Stoxx 50
Amount:	$6,775,090
Maturity:	Feb. 28, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 5 times any index gain, capped at par plus 55%; par if index finishes flat or falls by up to 30%; otherwise, full exposure to any index decline
Initial level:	3,289.32
Downside threshold:	2,302.52, 70% of initial level
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2.5%
Cusip:	06746Y697

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