Barclays Bank PLC’s preliminary notes carry an initial issue price of $1,000 per note and mature September 30, 2027, with proceeds per note shown at $1,000. Investors face a model-based estimated value of $942.50 to $992.50 per $1,000 note, below the initial issue price.

Key Highlights

  • Barclays Capital Inc. may receive commissions of up to $2.00 per $1,000 note from the issuer.
  • Barclays Bank PLC set a $1,000 initial issue price for preliminary buffered digital notes due September 30, 2027.
  • The stated public offering price is 100% of principal; the agent’s commission is 0.20%, and proceeds to Barclays are 99.80% per note.

ATMP is an asset management company. Barclays Bank PLC has set a $1,000 initial issue price for preliminary buffered digital notes due September 30, 2027, with proceeds to Barclays shown at $1,000 per note. The notes do not pay interest or guarantee repayment of the full principal amount.

Buffered Notes Carry Defined Pricing Terms

The stated public offering price is 100% of principal, while the agent’s commission is 0.20% and proceeds to Barclays are 99.80% per note.

Model Value Falls Below Initial Issue Price

The supplement says that estimate is expected to be below the initial issue price. The notes will not be listed on a U.S. securities exchange or Quotation system.