New Issue: Barclays prices $1.77 million phoenix autocallable notes on Nasdaq, Russell, Dow

By William Gullotti

Buffalo, N.Y., Sept. 21 – Barclays Bank plc priced $1.77 million of phoenix autocallable notes due Sept. 18, 2026 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 8% if each index closes at or above its 75% coupon barrier on a related observation date.

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

The payout at maturity will be par plus the final coupon if each index finishes at or above its coupon barrier.

If the worst performer finishes below its coupon barrier but at or above 70% of its initial value, the payout will be par. Otherwise, investors will lose 1% for each 1% decline of the worst performing index from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Phoenix autocallable notes
Underlying indexes:	Dow Jones industrial average, Russell 2000 index, Nasdaq-100 index
Amount:	$1,774,000
Maturity:	Sept. 18, 2026
Coupon:	8% annualized, payable quarterly if each index closes at or above coupon barrier on related observation date
Price:	Par
Payout at maturity:	Par plus final coupon if each index finishes at or above its coupon barrier; if worst performer finishes below coupon barrier but at or above final barrier, par; otherwise, 1% loss for each 1% decline of the worst performing index from its initial level
Call:	Automatically at par plus contingent coupon if each index closes at or above initial level on any quarterly call observation date after six months
Initial levels:	34,618.24 for Dow, 15,202.4 for Nasdaq, 1,847.033 for Russell
Coupon barriers:	25,963.68 for Dow, 11,401.8 for Nasdaq, 1,385.27 for Russell; 75% of initial levels
Final barriers:	24,232.77 for Dow, 10,641.68 for Nasdaq, 1,292.92 for Russell; 70% of initial levels
Pricing date:	Sept. 15
Settlement date:	Sept. 20
Agent:	Barclays
Fees:	2.9%
Cusip:	06745NHM1

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