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Published on 3/24/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $3.11 million notes linked to Nasdaq, S&P, Russell

By William Gullotti

Buffalo, N.Y., March 24 – Barclays Bank plc priced $3.11 million of 0% notes due June 21, 2024 linked to the Nasdaq-100 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain of the worst performing index, subject to a maximum return of par plus 12.55%.

Otherwise, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying indexes:S&P 500 index, Russell 2000 index, Nasdaq-100 index
Amount:$3,113,000
Maturity:June 21, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus any gain of the worst performing index, capped at par plus 12.55%; floor of par
Initial levels:3,916.64 for S&P, 1,725.891 for Russell, 12,519.88 for Nasdaq
Pricing date:March 17
Settlement date:March 22
Agent:Barclays
Fees:0.65%
Cusip:06749NWP3

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