New Issue: Barclays sells $2 million 10% barrier fixed coupon notes on Disney, JPMorgan

By Wendy Van Sickle

Columbus, Ohio, March 30 – Barclays Bank plc priced $2 million of 10% barrier fixed coupon notes due Feb. 25, 2025 linked to the stocks of Walt Disney Co. and JPMorgan Chase & Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly

The payout at maturity will be par unless either stock finishes below the 60% barrier level, in which case investors will be exposed to the decline of the least performing stock from the initial level.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Barrier fixed coupon notes
Underlying stocks:	Walt Disney Co., JPMorgan Chase & Co.
Amount:	$2,001,000
Maturity:	Feb. 25, 2025
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	Par unless either stock finishes below the 60% barrier level, in which case exposure to decline of least performing stock from initial level
Initial levels:	$105.22 for Disney, $142.24 for JPMorgan
Barrier levels:	$63.13 for Disney, $85.34 for JPMorgan; 60% of initial levels
Pricing date:	Feb. 22
Settlement date:	Feb. 24
Underwriter:	Barclays
Fees:	0.4%
Cusip:	06749NSJ2

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