New Issue: Barclays sells $1.7 million autocallable contingent coupon notes on Walgreens Boots

By Wendy Van Sickle

Columbus, Ohio, Sept. 25 – Barclays Bank plc priced $1.7 million of autocallable contingent coupon notes due Sept. 25, 2025 linked to Walgreens Boots Alliance, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon of at a 14.3% annualized rate if the stock closes at or above its 60% coupon barrier value on the related observation date, plus any previously unpaid coupon.

The notes will be callable at par if the stock closes at or above its initial level on any quarterly call date starting March 20, 2024.

The payout at maturity will be par unless the stock finishes below 60% of initial level, in which case investors will receive 45.78755 Walgreens Boots shares per note.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable contingent coupon notes
Underlying stock:	Walgreens Boots Alliance, Inc.
Amount:	$1.7 million
Maturity:	Sept. 25, 2025
Contingent coupon:	14.3% per year, payable quarterly if stock closes at or above 60% of initial level on related observation date, plus any previously unpaid coupon
Price:	Par
Payout at maturity:	Par unless stock finishes below 60% of initial level, in which case 45.78755 Walgreens Boots shares per note
Call:	At par if stock closes at or above its initial level on any quarterly observation date starting March 20, 2024
Initial stock level:	$21.84
Final barrier level:	$13.10, 60% of initial levels
Pricing date:	Sept. 20
Settlement date:	Sept. 25
Agent:	Barclays
Fees:	1.75%
Cusip:	06744EAC1

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