New Issue: Barclays sells $24.79 million Strategic Accelerated Redemption Securities on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Nov. 29 – Barclays Bank plc priced $24.79 million of 0% Strategic Accelerated Redemption Securities due Nov. 29, 2027 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 a premium of 7.8% per year if the closing level of the index is greater than or equal to its starting value on any annual observation date.

If the notes are not called, investors will lose 1% for each 1% decline in the index.

BofA Securities, Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	S&P 500 index
Amount:	$24,785,210
Maturity:	Nov. 29, 2027
Coupon:	0%
Price:	Par of $10
Payout at maturity:	1% loss for each 1% decline in the index
Call:	At par plus premium of 7.8% per year if index closes at or above its initial value on any annual observation date
Initial value:	4,690.7
Pricing date:	Nov. 23
Settlement date:	Dec. 1
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06747Y431

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