New Issue: Barclays prices $1.12 million autocallable notes tied to three stocks

By Sarah Lizee

Olympia, Wash., June 24 – Barclays Bank plc priced $1.12 million of 8.4% autocallable notes due June 22, 2023 linked to the least performing stock of the common stocks of Colgate-Palmolive Co., Electronic Arts Inc. and General Mills, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be automatically called at par if each stock closes above its initial level on any quarterly observation date after three months.

If the notes are not called, investors will receive par if each stock finishes above it 60% final barrier level and will be fully exposed to the decline of the worst performing stock otherwise.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying assets:	Colgate-Palmolive Co., Electronic Arts Inc. and General Mills, Inc.
Amount:	$1.12 million
Maturity:	June 22, 2023
Coupon:	8.4%, payable monthly
Price:	Par
Payout at maturity:	Par unless final level of the least-performing stock is less than 60% barrier level, in which case 1% loss for each 1% decline of the least-performing stock
Call:	At par if each stock closes above initial level on any quarterly call observation date after three months
Initial levels:	$72.89 for Colgate, $126.52 for EA, $60.87 for General
Barrier levels:	$43.73 for Colgate, $75.91 for EA, $36.52 for General, 60% of initial levels
Pricing date:	June 17
Settlement date:	June 22
Agent:	Barclays
Fees:	2.8%
Cusip:	06747Q2J5

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