New Issue: Barclays prices $977,000 notes due 2025 linked to S&P, Russell, Dow

By Kiku Steinfeld

Chicago, May 6 – Barclays Bank plc priced $977,000 of notes due April 29, 2025 linked to the least performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 5% if each index closes at or above its 70% coupon barrier on a related observation date.

The payout at maturity will be par plus any gain of the least performing index. If the least performing index closes below its barrier level, 70% of its initial level, investors will be fully exposed to its decline from initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying indexes:	Dow Jones industrial average, S&P 500, Russell 2000
Amount:	$977,000
Maturity:	April 29, 2025
Contingent coupon:	5% annually, payable quarterly if each index closes at or above barrier level on related observation date
Price:	Par
Payout at maturity:	Par plus any gain of least performing index; exposure to decline of least performing index if it closes below barrier level
Initial levels:	23,775.26 for Dow, 2,836.74 for S&P and 1,233.05 for Russell
Coupon barrier/barrier levels:	16,642.69 for Dow, 863.14 for S&P and 863.14 for Russell; 70% of initial levels
Pricing date:	April 24
Settlement date:	April 29
Agent:	Barclays
Fees:	1.125%
Cusip:	06747PNN5

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