New Issue: Barclays prices $3.18 million buffered digital notes tied to two indexes, SPDR ETF

By Wendy Van Sickle

Columbus, Ohio, April 30 – Barclays Bank plc priced $3.18 million of 0% buffered digital notes due June 2, 2025 linked to the Utilities Select Sector SPDR Fund, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier finishes at or above 75% of its initial level, the payout at maturity will be par plus 10%.

Otherwise, investors will lose 1.33333% for every 1% decline of the worst performer beyond 25%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital notes
Underlying assets:	Utilities Select Sector SPDR Fund, S&P 500 index, Russell 2000 index
Amount:	$3,182,000
Maturity:	June 2, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes at or above 75% of its initial level, par plus 10%; otherwise, 1.33333% loss for every 1% decline of worst performer beyond 25%
Initial levels:	$66.74 for ETF, 5,071.63 for S&P, 1,995.426 for Russell
Buffer levels:	$50.06 for ETF, 3,803.72 for S&P, 1,496.57 for Russell; 75% of initial levels
Pricing date:	April 24
Settlement date:	April 29
Agent:	Barclays
Fees:	0.3%
Cusip:	06745QMS5

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