New Issue: Barclays sells $45,000 phoenix autocallable notes on Ford

Chicago, July 21 – Barclays Bank plc priced $45,000 of phoenix autocallable notes due July 17, 2026 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 10.25% if the stock closes at or above its 60% coupon barrier on a related observation date.

The notes will be called at par plus the contingent coupon if the stock closes at or above its initial level on any quarterly call observation date starting after six months.

The payout at maturity will be par plus the coupon unless the stock finishes below 60% of its initial value, in which case investors will be fully exposed to the stock’s decline.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Phoenix autocallable notes
Underlying stock:	Ford Motor Co.
Amount:	$45,000
Maturity:	July 17, 2026
Coupon:	10.25% annualized, payable quarterly if stock closes at or above coupon barrier on related observation date
Price:	Par
Payout at maturity:	Par plus coupon unless stock finishes below final barrier level, in which case full exposure to stock’s decline
Call:	At par plus contingent coupon if stock closes at or above its initial level on any quarterly call observation date starting after six months
Initial level:	$14.98
Coupon barrier:	$8.99, 60% of initial level
Final barrier:	$8.99, 60% of initial level
Pricing date:	July 14
Settlement date:	July 18
Agent:	Barclays
Fees:	4%
Cusip:	06745MPB8

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