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Published on 5/26/2022 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.64 million barrier SuperTrack notes linked to S&P, Dow, Russell

Chicago, May 26 – Barclays Bank plc priced $1.64 million of 0% barrier SuperTrack notes due Oct. 30, 2026 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing index’s return is positive, the payout at maturity will be par plus 1.18 times the least-performing index’s return. If the least-performing index declines by 50% or less, the payout will be par. Investors will lose 1% for each 1% that the least-performing index declines from its initial level if it falls by more than 50%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Barrier SuperTrack notes
Underlying indexes:S&P 500 index, Russell 2000 index, Dow Jones industrial average
Amount:$1,636,000
Maturity:Oct. 30, 2026
Coupon:0%
Price:Par
Payout at maturity:If least-performing index’s return is positive, par plus 1.18 times least-performing index’s return; if least-performing index’s final level is less than or equal to initial level but greater than or equal to barrier level, par; if least-performing index’s final level is less than barrier level, 1% loss for every 1% that least-performing index declines from initial level
Initial level:4,605.38 for S&P, 2,297.19 for Russell, 35,819.56 for Dow
Barrier levels:2,302.69 for S&P, 1,148.6 for Russell, 17,909.78 for Dow; 50% of initial levels
Pricing date:Oct. 29, 2021
Settlement date:Nov. 3, 2021
Agent:Barclays
Fees:1.125%
Cusip:06748WLA9

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