New Issue: Barclays prices $1.42 million autocallables tied to S&P 500, Euro Stoxx

By Susanna Moon

Chicago, Dec. 23 – Barclays Bank plc priced $1.42 million of 0% autocallable notes due Dec. 23, 2019 linked to the S&P 500 index and the Euro Stoxx 50, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 12.5% if each index closes above its initial level on any annual call observation date.

If each index finishes at or above the 70% barrier level, the payout at maturity will be par plus the 10% digital return.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying indexes:	S&P 500 and Euro Stoxx 50
Amount:	$1,424,000
Maturity:	Dec. 23, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above the 70% barrier level, par plus 10%; otherwise, full exposure to any losses of worse performing index
Call:	At par plus 12.5% if each index closes above initial level on any annual observation date beginning Dec. 19, 2016
Initial levels:	2,005.55 for S&P, 3,260.72 for Stoxx
Barrier levels:	1,403.89 for S&P, 2,282.50 for Stoxx; 70% of initial levels
Pricing date:	Dec. 18
Settlement date:	Dec. 28
Agent:	Barclays
Fees:	2.15%
Cusip:	06741UW67

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