New Issue: Barclays prices $1.56 million callable contingent payment notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, April 29 - Barclays Bank plc priced $1.56 million callable contingent payment notes due April 30, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent coupon at an annualized rate of 7.2% for each quarter that the index closes above the 75% coupon barrier level on a quarterly valuation date.

The notes are callable at par plus the contingent coupon on any interest payment date after one year.

The payout at maturity will be par unless the index finishes below the 65% trigger level, in which case investors will be fully exposed to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent payment notes
Underlying index:	Euro Stoxx 50
Amount:	$1,564,000
Maturity:	April 30, 2024
Coupon:	7.2%, payable quarterly if index closes at or above its coupon barrier level on review date for that quarter
Price:	Par
Payout at maturity:	Par unless index falls below trigger level, in which case full exposure to losses
Call option:	At par plus contingent payment on any interest payment date beginning April 28, 2015
Initial index level:	3,147.4
Coupon barrier:	2,360.55, or 75% of initial level
Trigger level:	2,045.81, 65% of initial level
Pricing date:	April 25
Settlement date:	April 30
Agent:	Barclays
Fees:	3.5%
Cusip:	06741UCP7

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