Feed to the latest filings at the SEC
Date Filed : Sep 15, 2023
Barclays Bank PLC has filed a registrationstatement (including a prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which thisfree writing prospectus relates. Before you invest, you should read the prospectus dated May 23, 2022, the prospectus supplement datedJune 27, 2022 and the underlying supplement dated June 27, 2022 and other documents Barclays Bank PLC has filed with the SEC for morecomplete information about Barclays Bank PLC and this offering. You may get these documents and other documents Barclays Bank PLC hasfiled for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Barclays Bank PLC or any agent or dealer participatingin this offering will arrange to send you each of these documents if you request them by calling your Barclays Bank PLC sales representative,such dealer or toll-free 1-888-227-2275 (Extension 2-3430). A copy of each of these documents may be obtained from Barclays Capital Inc.,745 Seventh Avenue—Attn: US InvSol Support, New York, NY 10019.
Filed Pursuant to Rule 433
Registration Statement No. 333-265158
· If, on any determination date, the closing price of the underlier is greater than or equal to the downside threshold level, we will pay a contingent quarterly payment of $27.50 (2.75% of the stated principal amount) per security on the related contingent payment date.
· If, on any determination date, the closing price of the underlier is less than the downside threshold level, no contingent quarterly payment will be made with respect to that determination date.
If the securities are not redeemed prior to maturity, you will receive on the maturity date a cash payment per security determined as follows:
· If the final underlier value is greater than or equal to the downside threshold level:
(i) stated principal amount plus (ii) the contingent quarterly payment otherwise due
· If the final underlier value is less than the downside threshold level:
stated principal amount × underlier performance factor
Under these circumstances, the payment at maturity will be less than the stated principal amount of $1,000 and will represent a loss of more than 50%, and possibly all, of an investor’s initial investment. Investors may lose their entire initial investment in the securities.
Our estimated value of the securities on the pricing date, basedon our internal pricing models, is expected to be between $951.00 and $971.00 per security. The estimated value is expected to be lessthan the initial issue price of the securities. See “Additional Information Regarding Our Estimated Value of the Securities”in the accompanying pricing supplement.
U.K. Bail-in Power Acknowledgment:
Notwithstanding and to the exclusion of any other term of the securitiesor any other agreements, arrangements or understandings between Barclays Bank PLC and any holder or beneficial owner of the securities(or the trustee on behalf of the holders of the securities), by acquiring the securities, each holder and beneficial owner of the securitiesacknowledges, accepts, agrees to be bound by and consents to the exercise of, any U.K. Bail-in Power by the relevant U.K. resolution authority.
The Underlier
For more information about the underlier, including historical performanceinformation, see the accompanying pricing supplement.
Risk Factors
An investment in the securities involves significant risks. Weurge you to consult your investment, legal, tax, accounting and other advisors before you invest in the securities. Some of the risksthat apply to an investment in the securities are summarized below, but we urge you to read the more detailed explanation of risks relatingto the securities generally in the “Risk Factors” sections in the accompanying pricing supplement and the prospectus supplement.You should not purchase the securities unless you understand and can bear the risks of investing in the securities.
Risks Relating to the Securities Generally
Risks Relating to the Issuer
Risks Relating to the Underlier
Risks Relating to Conflicts of Interest
Risks Relating to the Estimated Value of the Securities and the SecondaryMarket
Tax Considerations
You should review carefully the section entitled “AdditionalInformation about the Securities—Tax considerations” in the accompanying pricing supplement.
In the event that any of the terms set forth or defined in this documentconflict with the terms or defined terms set forth in the accompanying pricing supplement, the terms or defined terms set forth in theaccompanying pricing supplement will control.
