New Issue: Barclays prices $532,000 phoenix autocallable notes on ARK ETF

Chicago, Aug. 29 – Barclays Bank plc priced $532,000 of phoenix autocallable notes due Aug. 26, 2027 linked to the performance of the ARK Innovation ETF, according to a 424B2 filing with Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 14.65% if the ETF closes at or above its 50% coupon barrier on a related observation date.

The notes will be called at par plus contingent coupon if the ETF closes at or above its initial level on any quarterly call observation date.

If the notes are not called and the ETF finishes at or above its final barrier price, 50% of its initial share price, the payout at maturity will be par plus the final coupon. Otherwise, investors will be fully exposed to decline.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Phoenix autocallable notes
Underlying fund:	ARK Innovation ETF
Amount:	$532,000
Maturity:	Aug. 26, 2027
Coupon:	14.65% annualized, payable quarterly if ETF closes at or above coupon barrier on related observation date
Price:	Par
Payout at maturity:	Par plus final coupon unless underlying ETF finishes below final barrier, in which case full exposure to decline from initial level
Call:	At par plus contingent coupon if underlying ETF closes at or above initial level on any quarterly call observation date
Initial level:	$43.61
Coupon barrier:	$21.81; 50% of initial level
Final barrier:	$21.81; 50% of initial level
Pricing date:	Aug. 22, 2022
Settlement date:	Aug. 25, 2022
Agent:	Barclays
Fees:	4%
Cusip:	06748XNS6

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