New Issue: Barclays prices $780,000 callable contingent coupon notes linked to three indexes

By Wendy Van Sickle

Columbus, Ohio, Feb. 29 – Barclays Bank plc priced $780,000 of callable contingent coupon notes due March 1, 2018 linked to the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon of 10.5% if each index closes at or above its barrier level, 65% of its initial level, on the observation date for that quarter.

The notes will be callable at par on any contingent coupon date.

The payout at maturity will be par unless any index finishes below its barrier level, in which case investors will be fully exposed to the loss of the worst performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent coupon notes
Underlying indexes:	Russell 2000, Euro Stoxx 50, S&P 500
Amount:	$780,000
Maturity:	March 1, 2018
Contingent coupon:	10.5%, payable quarterly if each index closes at or above barrier level on observation date for that quarter
Price:	Par
Payout at maturity:	If each index finishes at or above barrier level, par; otherwise, full exposure to loss of worst performing index
Call option:	At par on any interest payment date
Initial levels:	1,022.08 for Russell, 2,820.24 for Stoxx, 1,929.80 for S&P
Barrier levels:	664.35 for Russell, 1,833.16 for Stoxx, 1,254.37 for S&P; 65% of initial levels
Pricing date:	Feb. 24
Settlement date:	Feb. 29
Agent:	Barclays
Fees:	1.75%
Cusip:	06741U4S0

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