New Issue: Barclays sells $5.22 million trigger autocallable notes linked to Russell 2000

By William Gullotti

Buffalo, N.Y., Jan. 19 – Barclays Bank plc priced $5.22 million of trigger autocallable notes due Jan. 19, 2028 linked to the performance of the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus an annualized 10.1% call premium if the index closes at or above its initial level on any quarterly observation date after one year.

If the notes are not called at or prior to maturity, investors will receive par unless the index finishes below its 70% downside threshold, in which case investors will lose 1% for each 1% of index decline from its initial level.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger autocallable notes
Underlying index:	Russell 2000 index
Amount:	$5,219,470
Maturity:	Jan. 19, 2028
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If not called and the index finishes at or above downside threshold, par; otherwise, full exposure to decline from initial level
Call:	At par plus an annualized 10.1% call premium if the index closes at or above its initial level on any quarterly observation date after one year
Initial level:	1,887.034
Downside threshold:	1,663.921; 70% of initial levels
Pricing date:	Jan. 13
Settlement date:	Jan. 19
Agents:	Barclays and UBS Financial Services Inc.
Fees:	2.5%
Cusip:	06748F100

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