New Issue: Barclays sells $1.56 million capped upside market-linked buffered notes on S&P

By William Gullotti

Buffalo, N.Y., Aug. 1 – Barclays Bank plc priced $1.56 million of 0% market-linked securities – upside participation to a cap and fixed percentage buffered downside due July 20, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index, subject to a maximum return of par plus 33.1%.

If the index falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the index beyond 30%.

Wells Fargo Securities, LLC and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Market-linked securities – upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$1,562,000
Maturity:	July 20, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at par plus 33.1%; if index falls by up to 30%, par; otherwise, 1% loss for every 1% decline of index beyond 30%
Initial level:	4,505.42
Buffer level:	3,153.794; 70% of initial level
Pricing date:	July 14
Settlement date:	July 19
Agents:	Barclays Capital Inc. and Wells Fargo Securities LLC
Fees:	2.875%
Cusip:	06745MS82

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