New Issue: Barclays prices $1.75 million trigger autocallable optimization notes on Microsoft

By Jennifer Chiou

New York, June 17 – Barclays Bank plc priced $1,754,800 of 0% trigger autocallable optimization securities due June 17, 2019 linked to the common stock of Microsoft Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par of $10 plus an annualized call return of 8% if Microsoft shares close at or above the initial share price on any of the quarterly observation dates beginning on June 18, 2015.

If the notes are not called and the final share price is greater than or equal to 68.75% of the initial price, the payout at maturity will be par. Otherwise, the payout will be par plus the stock return.

UBS Financial Services Inc. and Barclays are the underwriters.

Issuer:	Barclays Bank plc
Issue:	Trigger autocallable optimization securities
Underlying stock:	Microsoft Corp. (Symbol: MSFT)
Amount:	$1,754,800
Maturity:	June 17, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final share price is at or above trigger price, par; otherwise, par plus stock return
Call:	Automatically at par plus annualized call return of 8% if shares close at or above initial price on any of the quarterly observation dates beginning on June 18, 2015
Initial price:	$41.23
Trigger price:	$28.35, 68.75% of initial price
Pricing date:	June 13
Settlement date:	June 18
Underwriter:	UBS Financial Services Inc. and Barclays
Fees:	2.5%
Cusip:	06742W729

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