New Issue: Barclays prices $1.55 million autocallable notes tied to S&P, Russell, Nasdaq

By Kiku Steinfeld

Chicago, Dec. 8 – Barclays Bank plc priced $1.55 million of autocallable notes due Aug. 23, 2024 linked to the least performing index of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

After six months, the notes will be automatically called at par plus 9% yearly if each index closes at or above its call level on any quarterly observation date. The call levels are equal to the initial index levels for each call valuation date except the final one, when they are equal to 80% of the initial index levels.

If the notes are not called, at maturity investors will be fully exposed to the decline of the worst performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying assets:	S&P 500 index, Nasdaq-100 index and Russell 2000 index
Amount:	$1.55 million
Maturity:	Aug. 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If notes are not called, full exposure to the decline of the worst performing index
Call:	At par plus 9% yearly if each index closes at or above call level on any quarterly observation date after six months
Initial levels:	15,092.57 for Nasdaq, 4,441.67 for S&P, 2,167.60 for Russell
Call levels:	100% of initial levels on first through 10th call valuation dates; on 11th call valuation date, 12,074.06 for Nasdaq, 3,553.34 for S&P and 1,734.08 for Russell, or 80% of initial levels
Pricing date:	Aug. 20
Settlement date:	Aug. 25
Agent:	Barclays
Fees:	2%
Cusip:	06748WDY6

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