New Issue: Barclays prices $460,000 autocallable notes tied to three indexes

By Sarah Lizee

Olympia, Wash., July 2 – Barclays Bank plc priced $460,000 of autocallable notes due June 29, 2023 linked to the least performing index of the Dow Jones industrial average, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

After six months, the notes will be automatically called at par plus 10% per year if each index closes at or above its initial level on any semiannual call date.

If the notes are not called, the payout at maturity will be par unless any index finishes below its 60% barrier level, in which case investors will be fully exposed to the decline of the worst performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying assets:	Dow Jones industrial average, S&P 500 index and Nasdaq-100 index
Amount:	$460,000
Maturity:	June 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless any index finishes below its 60% barrier level, in which case investors will be fully exposed to the decline of the worst performing index
Call:	After six months, the notes will be automatically called at par plus 10% per year if each index closes at or above its initial level on any semiannual call date
Initial levels:	25,745.60 for Dow, 10,101.83 for Nasdaq, 3,083.76 for S&P
Barrier levels:	15,447.36 for Dow, 6,061.10 for Nasdaq, 1,850.26 for S&P; 60% of initial levels
Pricing date:	June 25
Settlement date:	June 30
Agent:	Barclays
Fees:	2.8%
Cusip:	06747PZC6

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