New Issue: Barclays prices $11.9 million Stars linked to S&P 500

By Marisa Wong

Morgantown, W.Va., June 6 – Barclays Bank plc priced $11.9 million of 0% Strategic Accelerated Redemption Securities due June 15, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus an annualized call premium of 6.15% if the index closes at or above its initial level on Nov. 17, Feb. 16, 2018 or June 8, 2018.

If the notes are not called, investors will lose 1% for every 1% that the final index level is less than the initial index level.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	S&P 500
Amount:	$11,900,890
Maturity:	June 15, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	1% loss for every 1% that final index level is less than initial index level
Call:	At par plus 6.15% per year if index closes at or above initial level on Nov. 17, Feb. 16, 2018 or June 8, 2018
Initial index level:	2,415.07
Pricing date:	May 25
Settlement date:	June 2
Agent:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	06746J450

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