New Issue: Barclays prices $4.48 million fixed coupon buffered notes on S&P

Chicago, Nov. 17 – Barclays Bank plc priced $4.48 million of fixed coupon buffered notes due Oct. 29, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a quarterly coupon at an annual rate of 6.3%.

If the notes are not called and the index finishes at or above 85% of its initial level, the payout at maturity will be par plus the final coupon. Otherwise, investors will lose 1% for each 1% decline beyond the 15% buffer (and the final coupon).

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Fixed coupon buffered notes
Underlying index:	S&P 500 index
Amount:	$4,477,000
Maturity:	Oct. 29, 2026
Coupon:	6.3% annually, paid quarterly
Price:	Par
Payout at maturity:	Par plus final coupon unless the index finishes below buffer level, in which case 1% loss for each 1% decline of the index beyond 15% buffer
Initial level:	4,137.23
Buffer level:	3,516.65; 85% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	Barclays
Fees:	3%
Cusip:	06745NMR4

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