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Published on 5/17/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays Bank prices $1.34 million market-linked notes linked to S&P 500

New York, May 17 – Barclays Bank plc priced $1.34 million of 0% market-linked notes due June 5, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the index is positive, the payout at maturity will be par plus the return of the index, subject to a maximum return of par plus 51.2%. Otherwise, investors will receive par.

Barclays is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:Barclays Bank plc
Issue:Market-linked notes
Underlying index:S&P 500 index
Amount:$1,344,000
Maturity:June 5, 2028
Coupon:0%
Price:Par
Payout at maturity:If return of index is positive, par plus index return, subject to a maximum return of par plus 51.2%; minimum payout of par
Initial level:4,124.08
Cap:51.2%
Pricing date:May 12
Settlement date:May 17
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:06745M6Y9

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