New Issue: Barclays prices $1.05 million capped leveraged buffered basket-linked notes

By Wendy Van Sickle

Columbus, Ohio, April 23 – Barclays Bank plc priced $1.05 million of 0% capped leveraged buffered basket-linked notes due April 27, 2026 linked to a weighted basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Russell 2000 index and the iShares Russell 2000 Value ETF, each with a 50% weight.

The payout at maturity will be par plus 125% of any basket gain, up to a maximum settlement amount of $1,350 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged buffered basket-linked notes
Underlying basket:	Russell 2000 index, iShares Russell 2000 Value ETF, each with a 50% weight
Amount:	$1.05 million
Maturity:	April 27, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any basket gain, up to maximum settlement amount of $1,350 for each $1,000 face amount; par if basket falls by up to 10%; otherwise, 1% loss for each 1% decline beyond 10%
Initial levels:	$149.51 for fund, 1,967.472 for index
Buffer level:	90% of initial level
Pricing date:	April 22
Settlement date:	April 25
Agent:	Barclays
Fees:	0.9%
Cusip:	06745QMB2

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