New Issue: Barclays prices $3.75 million autocallable notes tied to S&P, Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, March 12 – Barclays Bank plc priced $3.75 million of 5.65% autocallable notes due June 11, 2020 linked to the lesser performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

If each index closes at or above 95% of its initial level on any monthly call valuation date beginning April 11, 2020, the notes will be automatically called at par.

If the notes are not called and the final level of the lesser-performing index is at least 65% of its initial level, the payout at maturity will be par. Otherwise, investors will lose 1% for each 1% decline of the lesser-performing index from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying indexes:	S&P 500 index, Euro Stoxx 50 index
Amount:	$3.75 million
Maturity:	June 11, 2020
Coupon:	5.65%, payable monthly
Price:	Par
Payout at maturity:	If the final level of the lesser-performing index is at least 65% of its initial level, par; otherwise, 1% loss for each 1% decline of the lesser-performing index from its initial level
Call:	If each index closes at or above 95% of its initial level on any monthly call valuation date beginning April 11, 2020, automatically at par
Initial levels:	2,743.07 for S&P, 3,283.6 for Euro Stoxx
Barrier levels:	1,783.00 for S&P, 2,134.34 for Euro Stoxx; 65% of initial levels
Pricing date:	March 7
Settlement date:	March 12
Agent:	Barclays
Fees:	0.25%
Cusip:	06747MJM9

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