Barclays Bank PLC is offering $965,000 of autoCallable contingent coupon notes linked to the least performing of Costco, Apple, UnitedHealth and Microsoft Equity securities. Investors face unsecured, unsubordinated exposure to the notes, which will not be exchange-listed, while Barclays’ estimated value is below the initial issue price.

Key Highlights

  • The notes mature on September 22, 2031, after a final valuation date of September 17, 2031.
  • The transaction allocates $41,495 to agent commissions.
  • Each note has a $1,000 denomination and an initial issue price of 100.00% per note.

The notes are unsecured and unsubordinated obligations of Barclays Bank PLC. ATMP is an asset management company.

$965,000 Offering Sets Note Economics

Each note has a $1,000 denomination, with purchases available in integral multiples of $1,000. The initial issue price is 100.00% per note, while proceeds to Barclays Bank PLC are 95.70% per note. The transaction totals $965,000 at the public offering price, with $41,495 allocated to agent commissions and $923,505 shown as proceeds to Barclays Bank PLC. The reference Assets are common stock issued by Costco Wholesale Corporation (NASDAQ: COST), Apple Inc (NASDAQ: AAPL). UnitedHealth Group Incorporated (NYSE: UNH) and Microsoft Corporation (NASDAQ: MSFT). The notes will not trade on a U.S. securities exchange or Quotation system, and they are not deposit liabilities of Barclays Bank PLC. Barclays Bank PLC may use the pricing supplement for initial sales, while Barclays Capital Inc. or another affiliate may use it in later market resale transactions. The terms also identify risks associated with investing in the notes.