New Issue: Barclays prices $27.78 million Accelerated Return Notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 27 – Barclays Bank plc priced $27.78 million of 0% Accelerated Return Notes due Feb. 28, 2020 linked to an international equity index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus 300% of any basket gain, subject to a maximum return of 24.06%. Investors will be exposed to any basket decline.

BofA Merrill Lynch is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying indexes:	Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock Average (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight) and Hang Seng (5% weight)
Amount:	$27,781,960
Maturity:	Feb. 28, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 24.06%; exposure to any basket decline
Initial index levels:	3,000.06 for Euro Stoxx 50, 6,711.93 for FTSE 100, 20,392.58 for Nikkei Stock Average, 8,414.48 for Swiss Market, 5,505.822 for S&P/ASX 200 and 25,623.53 for Hang Seng
Final index levels:	For each index, average of its closing levels on five trading days ending Feb. 25, 2020
Pricing date:	Dec. 20
Settlement date:	Dec. 28
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	06746V495

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