Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
July 30 2021 - 5:12PM
Edgar (US Regulatory)
Free Writing Prospectus
Filed pursuant to Rule 433
Registration Statement No. 333-232144
Dated July 30, 2021
CAPPED
LEVERAGED INDEX RETURN NOTES® (CAPPED LIRNs®)
|
|
Capped LIRNs® Linked to the S&P 500® Index
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Issuer
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Barclays Bank PLC (“Barclays”)
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Principal Amount
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$10.00 per unit
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Term
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Approximately 14 months
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Market Measure
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S&P 500® Index (Bloomberg symbol: “SPX”)
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Payout Profile at Maturity
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·
2-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value
·
1-to-1 downside exposure to decreases in the Market Measure beyond a 5.00% decline, with up to 95.00% of your principal at risk
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Capped Value
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[$10.60 to $11.00] per unit, a [6.00% to 10.00%] return over the principal amount, to be determined on the pricing date.
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Participation Rate
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200.00%
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Threshold Value
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95% of the Starting Value
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Interest Payments
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None
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Preliminary Offering Documents
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http://www.sec.gov/Archives/edgar/data/312070/000095010321011609/dp155288_424b2-4110baml.htm
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Exchange Listing
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No
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You should read the relevant Preliminary Offering Documents before
you invest. Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.
Risk Factors
Please see the Preliminary Offering Documents for a description of certain
risks related to this investment, including, but not limited to, the following:
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·
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Depending on the performance of the Market Measure as measured shortly before
the maturity date, your investment may result in a loss; there is no guaranteed return of principal.
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·
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Payments on the notes, including repayment of principal, are subject to the
credit risk of Barclays and to the risk of exercise of any U.K. Bail-in Power or any other resolution measure by the relevant U.K. resolution
authority. If Barclays becomes insolvent, is unable to pay its obligations, or any other resolution measure is exercised, you may lose
your entire investment.
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|
·
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Your investment return is limited to the return represented by the Capped
Value and may be less than a comparable investment directly in the stocks included in the Market Measure.
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|
·
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The initial estimated value of the notes on the pricing date will be less
than their public offering price.
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|
·
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If you attempt to sell the notes prior to maturity, their market value may
be lower than both the public offering price and the initial estimated value of the notes on the pricing date.
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|
·
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You will have no rights of a holder of the securities represented by the Market
Measure, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.
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Final terms will be set on the pricing date within the given range
for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related
risks and tax disclosure.
The graph above and the table below reflect
the hypothetical return on the notes, based on the terms contained in the table to the left (using the mid-point for any range(s)). The
graph and table have been prepared for purposes of illustration only and do not take into account any tax consequences from investing
in the notes.
Hypothetical Percentage Change from the Starting Value to the Ending Value
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Hypothetical Redemption Amount per Unit
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Hypothetical Total Rate of Return on the Notes
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-100.00%
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$0.50
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-95.00%
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-50.00%
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$5.50
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-45.00%
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-40.00%
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$6.50
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-35.00%
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-30.00%
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$7.50
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-25.00%
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-20.00%
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$8.50
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-15.00%
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-10.00%
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$9.50
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-5.00%
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-5.00%(1)
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$10.00
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0.00%
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-3.00%
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$10.00
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0.00%
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0.00%
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$10.00
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0.00%
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2.00%
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$10.40
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4.00%
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4.00%
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$10.80(2)
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8.00%
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10.00%
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$10.80
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8.00%
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20.00%
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$10.80
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8.00%
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30.00%
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$10.80
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8.00%
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40.00%
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$10.80
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8.00%
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50.00%
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$10.80
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8.00%
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60.00%
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$10.80
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8.00%
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(1)
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This hypothetical percentage change corresponds to the Threshold Value.
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(2)
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The Redemption Amount per unit cannot exceed the hypothetical Capped Value.
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Barclays Bank PLC (Barclays) has filed a registration statement (which
includes a prospectus) with the Securities and Exchange Commission (SEC) for the notes that are described in this Guidebook. Before you
invest, you should carefully read the prospectus in that registration statement and other documents that Barclays has filed with the
SEC for more complete information about Barclays and any offering described in this Guidebook. You may obtain these documents without
cost by visiting EDGAR on the SEC Website at www.sec.gov. Barclays's Central Index Key, or CIK,
on the SEC website is 312070. Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any
offering described in this document if you so request by calling toll-free 1-800-294-1322. Barclays faces risks that are specific to
its business, and we encourage you to carefully consider these risks before making an investment in its securities.
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