Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
July 31 2020 - 3:58PM
Edgar (US Regulatory)
Free Writing Prospectus
Filed pursuant to Rule 433
Registration Statement No. 333-232144
Dated July 31, 2020
LEVERAGED INDEX RETURN Notes®
|
Leveraged
Index Return Notes® Linked to the Russell 1000® Value Index
|
Issuer
|
Barclays Bank PLC (“Barclays”)
|
Principal Amount
|
$10.00 per unit
|
Term
|
Approximately five years
|
Market Measure
|
Russell 1000® Value Index (Bloomberg symbol: “RLV”)
|
Payout Profile at Maturity
|
· [140.00%
to 160.00%] leveraged upside exposure to increases in the Market Measure
· 1-to-1
downside exposure to decreases in the Market Measure, with up to 100.00% of your principal at risk
|
Participation Rate
|
[140.00% to 160.00%], to be determined on the pricing date
|
Threshold Value
|
100% of the Starting Value
|
Interest Payments
|
None
|
Preliminary Offering Documents
|
https://www.sec.gov/Archives/edgar/data/312070/
000095010320014801/dp132873_424b2-3365baml.htm
|
Exchange Listing
|
No
|
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:
|
·
|
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.
|
|
·
|
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.
|
|
·
|
The initial estimated value of the notes on the pricing date will be
less than their public offering price.
|
|
·
|
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.
|
|
·
|
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.
|
|
·
|
The investment strategy represented by the Market Measure may not be
successful.
|
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
|
Hypothetical Redemption Amount per Unit(1)
|
Hypothetical Total Rate of Return on the Notes
|
-100.00%
|
$0.00
|
-100.00%
|
-50.00%
|
$5.00
|
-50.00%
|
-40.00%
|
$6.00
|
-40.00%
|
-30.00%
|
$7.00
|
-30.00%
|
-20.00%
|
$8.00
|
-20.00%
|
-10.00%
|
$9.00
|
-10.00%
|
-5.00%
|
$9.50
|
-5.00%
|
0.00%(2)
|
$10.00
|
0.00%
|
10.00%
|
$11.50
|
15.00%
|
20.00%
|
$13.00
|
30.00%
|
30.00%
|
$14.50
|
45.00%
|
40.00%
|
$16.00
|
60.00%
|
50.00%
|
$17.50
|
75.00%
|
60.00%
|
$19.00
|
90.00%
|
|
(1)
|
The Redemption Amount per unit is based on the hypothetical Participation Rate.
|
|
(2)
|
This hypothetical percentage change corresponds to the Threshold Value.
|
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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