New Issue: Barclays prices $5.73 million buffered autocallable notes tied to S&P

By Wendy Van Sickle

Columbus, Ohio, June 26 – Barclays Bank plc priced $5.73 million of 0% buffered autocallable notes due June 23, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus 8% if the index closes at or above its initial level on June 18, 2021.

The payout at maturity will be par plus 3.5 times any index gain. If the index falls by up to 10%, the payout will be par. Investors will be exposed to losses beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered autocallable notes
Index:	S&P 500 index
Amount:	$5,733,000
Maturity:	June 23, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3.5 times any index gain; par if index falls by up to 10%; exposure to losses beyond 10%
Call:	Automatically at par 8% if index closes at or above initial level on June 18, 2021
Initial levels:	3,097.74
Buffer levels:	2,787.97; 90% of initial levels
Pricing date:	June 19
Settlement date:	June 24
Agent:	Barclays
Fees:	0.5%
Cusip:	06747PZU6

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