New Issue: Barclays sells $166,000 contingent coupon autocallables on S&P, Russell, Nasdaq

By Kiku Steinfeld

Chicago, Nov. 1 – Barclays Bank plc priced $166,000 of autocallable contingent coupon notes due April 28, 2023 linked to the Nasdaq-100 index, 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 of 5.5% per annum if each index closes at or above its 75% coupon barrier level on the determination date for that quarter.

The notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on any monthly determination date after six months other than the final one.

If the notes are not called, the payout at maturity will be par plus any coupon unless any index finishes below its initial level and ever finishes below its 65% barrier level, in which case investors will lose 1% for each 1% decline of the worst performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable contingent coupon notes
Underlying indexes:	Nasdaq-100 index, S&P 500 index and Russell 2000 index
Amount:	$166,000
Maturity:	April 28, 2023
Contingent coupon:	Contingent quarterly coupon of 5.5% if each component closes at or above coupon barrier level on the determination date for that quarter
Price:	Par
Payout at maturity:	Par plus any coupon unless any index finishes below its initial level and ever finishes below its barrier level, in which case 1% loss for each 1% decline of worst-performing index
Call option:	Automatically at par plus contingent coupon if each index closes at or above initial level on any determination date after six months other than final one
Initial index levels:	14,956.97 for Nasdaq, 2,191.83 for Russell, 4,401.46 for S&P
Coupon barrier levels:	11,217.73 for Nasdaq, 1,643.87 for Russell, 3,301.10 for S&P; 75% of initial levels
Final barrier levels:	9,722.03 for Nasdaq, 1,424.69 for Russell, 2,860.95 for S&P; 65% of initial levels
Pricing date:	July 27
Settlement date:	July 30
Agent:	Barclays
Fees:	2.175%
Cusip:	06748W2W2

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