New Issue: Barclays prices $9.55 million contingent income autocallable securities on three indexes

By William Gullotti

Buffalo, N.Y., Sept. 20 – Barclays Bank plc priced $9.55 million of contingent income autocallable securities due Sept. 18, 2026 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon at the rate of 8% per year if each index closes at or above its coupon barrier level, 70% of its initial level, on every trading day during the observation period.

The notes will be automatically called at par plus any coupon otherwise due if each index closes at or above its initial level on any quarterly observation date after six months.

If each index finishes at or above its coupon barrier, the payout at maturity will be par plus any final coupon otherwise due.

If the worst performer finishes below its coupon barrier but at or above its 60% downside threshold level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the worst performer declines from its initial level.

Barclays is the agent. Morgan Stanley Wealth Management is acting as a selected dealer.

Issuer:	Barclays Bank plc
Issue:	Contingent income autocallable securities
Underlying indexes:	S&P 500 index, Euro Stoxx 50 index, Russell 2000 index
Amount:	$9.55 million
Maturity:	Sept. 18, 2026
Coupon:	8% per year, payable quarterly if each index closes at or above coupon barrier level on every trading day during the observation period
Price:	Par
Payout at maturity:	If each index finishes at or above coupon barrier level, par plus any final coupon otherwise due; if worst performer finishes below coupon barrier but at or above downside threshold, par; otherwise, 1% loss for every 1% that least performing index declines from initial level
Call:	Automatically at par plus any coupon otherwise due if each index closes at or above initial level on any quarterly observation date after six months
Initial index levels:	4,450.32 for S&P, 4,295.05 for Stoxx, 1,847.033 for Russell
Coupon barrier levels:	3,115.224 for S&P, 3,006.535 for Stoxx, 1,292.923 for Russell; 70% of initial levels
Downside threshold levels:	2,670.192 for S&P, 2,577.03 for Stoxx, 1,108.22 for Russell; 60% of initial levels
Pricing date:	Sept. 15
Settlement date:	Sept. 20
Agent:	Barclays
Selected dealer:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	06745NJK3

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