New Issue: Barclays prices $765,000 capped buffered return enhanced notes linked to S&P 500

By William Gullotti

Buffalo, N.Y., Oct. 26 – Barclays Bank plc priced $765,000 of 0% capped buffered return enhanced notes due Sept. 19, 2024 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25 times any index gain up to a maximum return of par plus 35.55%.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

Barclays, J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped buffered return enhanced notes
Underlying index:	S&P 500 index
Amount:	$765,000
Maturity:	Sept. 19, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any index gain, capped at 35.55%; par if index declines by 20% or less; otherwise, lose 1.25% for each 1% decline beyond 20%
Initial value:	3,873.33
Buffer level:	3,098.66; 80% of initial level
Pricing date:	Sept. 16
Settlement date:	Sept. 21
Agents:	Barclays, J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	None
Cusip:	06748XU33

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