New Issue: Barclays prices $1.03 million capped leveraged barrier notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 12 – Barclays Bank plc priced $1.03 million of 0% capped leveraged barrier notes due Dec. 6, 2028 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index, the Nasdaq-100 index and the S&P 500 index. The top performing index will be weighted at 50%, the second at 30% and the least performing index will be weighted at 20%

The payout at maturity will be par plus 125% of any basket gain, up to a maximum settlement amount of $1,670 for each $1,000 principal amount.

Investors receive par if the basket falls but not below the barrier level, 70% of the initial level, and will be fully exposed to any decline of the basket if it finishes below the barrier level.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged barrier notes
Underlying basket:	Russell 2000 index, Nasdaq-100 index and S&P 500 index, top performer will be allocated at 50%, second at 30%, third at 20%
Amount:	$1.03 million
Maturity:	Dec. 6, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any basket gain, up to maximum settlement amount of $1,670 for each $1,000 face amount; par if basket falls by up to 30%; otherwise, 1% loss for each 1% of basket decline
Initial index levels:	15,997.58 for Nasdaq, 1,862.641 for Russell, 4,594.63 for S&P
Barrier level:	70% of initial level
Pricing date:	Dec. 1
Settlement date:	Dec. 6
Agent:	Barclays Capital Inc.
Fees:	4.175%
Cusip:	06745P2H3

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