New Issue: Barclays prices $1.16 million leveraged upside participation market-linked notes on S&P

By Kiku Steinfeld

Chicago, May 3 – Barclays Bank plc priced $1.16 million of 0% market-linked securities with leveraged upside participation and contingent downside due Oct. 4, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 107% times any gain in the index.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the index.

Wells Fargo Securities, LLC and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked securities with leveraged upside participation and contingent downside
Underlying index:	S&P 500
Amount:	$1,161,000
Maturity:	Oct. 4, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 107% times any gain in index; if index falls by up to 25%, par; otherwise, 1% loss for every 1% decline of index
Initial level:	4,359.46
Barrier level:	3,269.595, 75% of initial level
Pricing date:	Sept. 29, 2021
Settlement date:	Oct. 4, 2021
Agents:	Barclays Capital Inc. and Wells Fargo Securities LLC
Fees:	3.73%
Cusip:	06748WG72

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