Fact Sheet | July 10, 2020 Summary
Characteristics of the Notes Summary Risk Considerations • Credit
of Issuer—The notes are unsecured and unsubordinated debt
obligations of the Issuer and are not, either directly or
indirectly, an obligation of any third party. In the event the
Issuer were to default on its obligations, you may not receive any
amounts owed to you, including any repayment of principal, under
the terms of the notes. • Commissions—Barclays Capital Inc. will
receive commissions from the Issuer of up to 0.550% of the
principal amount of the notes, or up to $5.50 per $1,000 principal
amount. Please see the accompanying Pricing Supplement for
additional information about selling concessions, commissions and
fees. • Estimated Value Lower Than Issue Price—Our estimated value
of the notes on the Initial Valuation Date is expected to be
between $913.80 and $963.80 per note. Please see “Additional
Information Regarding Our Estimated Value Of The Notes” in the
accompanying Pricing Supplement for more information. • Potential
for Significant Loss—The notes differ from ordinary debt securities
in that the Issuer will not necessarily repay the full principal
amount of the notes at maturity. You will lose some or all of your
principal if the notes are not redeemed by us prior to scheduled
maturity, and if the Final Value of the Least Performing Reference
Asset is less than its Barrier Value. You may lose up to 100.00% of
your principal amount. Any payment on the notes, including the
repayment of principal, is subject to the credit risk of Barclays
Bank PLC. • U.K. Bail-In Power—Each holder and beneficial owner of
notes acknowledges, accepts, and agrees to be bound by, and
consents to the exercise of, any U.K. Bail-in Power by the relevant
U.K. resolution authority, which may be exercised so as to result
in you losing all or a part of the value of your investment in the
notes or receiving a different security from the notes that is
worth significantly less than the notes. Please see “Consent to
U.K. Bail-In Power” in the accompanying Pricing Supplement for more
information. • Historical Performance—The historical performance of
the Reference Assets is not an indication of the future performance
of the Reference Assets over the term of the notes. • Potential
Return Limited to Contingent Coupons—The potential positive return
you may receive on the notes is limited to the Contingent Coupons,
if any, that may be payable during the term of the notes. It is
possible that you will not receive any Contingent Coupons during
the term of the notes. • Conflict of Interest—In connection with
our normal business activities and in connection with hedging our
obligations under the notes, we and our affiliates play a variety
of roles in connection with the notes, including acting as
calculation agent and as a market-maker for the notes. In each of
these roles, our and our affiliates’ economic interests may be
adverse to your interests as an investor in the notes. • Potential
Early Exit—If the notes are redeemed, you will not receive any
additional payments on the notes and you may not be able to
reinvest any amounts received in a comparable investment with
similar risk and yield. • Lack of Liquidity—The notes will not be
listed on any securities exchange. There may be no secondary market
for the notes or, if there is a secondary market, there may be
insufficient liquidity to allow you to sell the notes easily. •
Return Linked Only to Least Performing Reference Asset—Your return
will be determined based solely on the performance of the Least
Performing Reference Asset, regardless of the performance of any
other Reference Asset. • Tax Treatment—Significant aspects of the
tax treatment of the notes are uncertain. You should consult your
tax advisor about your tax situation. In addition to the summary
risks and characteristics of the notes discussed under the headings
above, you should carefully consider the risks discussed under the
heading “Selected Risk Considerations” in the accompanying Pricing
Supplement and under the heading “Risk Factors” in the accompanying
prospectus supplement. Other Information This fact sheet is a
general summary of the terms and conditions of this offering of
notes. The Issuer has filed a registration statement (including a
prospectus) with the U.S. Securities and Exchange Commission (the
“SEC”) for this offering of notes. Before you invest, you should
read carefully the full description of the terms and conditions of,
and risks associated with investing in, the notes contained in the
Pricing Supplement as well as the information contained in the
accompanying prospectus supplement and prospectus that are
incorporated by reference in the Pricing Supplement. The Pricing
Supplement, as filed with the SEC, is available at the following
hyperlink:
https://www.creativeservices.barclays/docs/200007927/06747Q7M3.pdf
You may access the prospectus supplement and prospectus that are
incorporated by reference in the Pricing Supplement by clicking on
the respective hyperlink for each document included in the Pricing
Supplement under the heading “Additional Documents Related To The
Offering Of The Notes,” or by requesting such documents from the
Issuer or any underwriter or dealer participating in this offering.
We strongly advise you to carefully read these documents before
investing in the notes. You may revoke your offer to purchase the
notes at any time prior to the Initial Valuation Date. We reserve
the right to change the terms of, or reject any offer to purchase,
the notes prior to the Initial Valuation Date. In the event of any
changes to the terms of the notes, we will notify you and you will
be asked to accept such changes in connection with your purchase of
the notes. You may choose to reject such changes, in which case we
may reject your offer to purchase the notes. Callable Contingent
Coupon Notes
