New Issue: Barclays prices $3.15 million capped buffer gears linked to index basket

By William Gullotti

Buffalo, N.Y., Sept. 1 – Barclays Bank plc priced $3.15 million of 0% capped buffer gears due Aug. 29, 2025 linked to a weighted basket of equity indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 40% weight, the Nikkei 225 index with a 25% weight, the FTSE 100 index with a 17.5% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with a 7.5% weight.

If the basket return is positive, the payout at maturity will be par plus double the return, up to a maximum payout of par plus 34.75%.

If the basket falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% of basket decline beyond 15%.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffer gears
Underlying indexes:	Euro Stoxx 50 index (40% weight), Nikkei 225 index (25% weight), FTSE 100 index (17.5% weight), Swiss Market index (10% weight) and S&P/ASX 200 index (7.5% weight)
Amount:	$3,145,140
Maturity:	Aug. 29, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any basket gain, return capped at 34.75%; par if basket falls by up to 15%; otherwise, 1% loss per 1% of basket decline beyond 15%
Initial index levels:	4,326.47 for Euro Stoxx, 32,226.97 for Nikkei 225, 7,464.99 for FTSE 100, 11,106.24 for Swiss Market, 7,210.46 for S&P/ASX 200
Downside threshold:	85% of initial level
Pricing date:	Aug. 29
Settlement date:	Aug. 31
Agents:	Barclays and UBS Financial Services Inc.
Fees:	2%
Cusip:	06748H429

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