New Issue: Barclays prices $2.61 million 4.2% buffered notes tied to Russell 2000

By Marisa Wong

Morgantown, W.Va., Feb. 28 – Barclays Bank plc priced $2.61 million of 4.2% buffered notes due Feb. 28, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the index return is at least negative 15%, the payout at maturity will be par.

If the index return is less than negative 15%, investors will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered notes
Underlying index:	Russell 2000
Amount:	$2,611,000
Maturity:	Feb. 28, 2022
Coupon:	4.2%, payable quarterly
Price:	Par
Payout at maturity:	Par unless index falls by more than 15%, in which case 1% loss for every 1% decline beyond 15%
Initial index level:	1,588.805
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	Barclays
Fees:	2.75%
Cusip:	06747MBU9

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