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Published on 10/4/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.1 million barrier SuperTrack notes linked to S&P, Russell

Chicago, Oct. 4 – Barclays Bank plc priced $1.1 million of 0% barrier SuperTrack notes due Oct. 2, 2026 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index’s return is positive, the payout at maturity will be par plus 1.5 times the lesser-performing index’s return. Otherwise, investors will lose 1% for each 1% that the lesser-performing index declines from its initial level.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Barrier SuperTrack notes
Underlying indexes:S&P 500 index and Russell 2000 index
Amount:$1,100,000
Maturity:Oct. 2, 2026
Coupon:0%
Price:Par
Payout at maturity:If lesser-performing index’s return is positive, par plus 1.5 times lesser-performing index’s return; otherwise, 1% loss for every 1% that lesser-performing index declines from initial level
Initial levels:3,640.47 for S&P and 1,674.93 for Russell
Pricing date:Sept. 29, 2022
Settlement date:Oct. 4, 2022
Agent:Barclays
Fees:3.75%
Cusip:06748XWN7

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