New Issue: Barclays sells $3.33 million phoenix autocallable notes on Amazon

By Wendy Van Sickle

Columbus, Ohio, Dec. 12 – Barclays Bank plc priced $3.33 million of phoenix autocallable notes due Dec. 4, 2025 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 11.65% if the stock closes at or above its 75% coupon barrier on a related observation date.

The notes will be called at par plus the contingent coupon if the stock closes at or above its initial level on any quarterly call observation date.

The payout at maturity will be par plus the coupon unless the stock finishes below 75% of its initial value, in which case investors will receive 6.8451 Amazon shares.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Phoenix autocallable notes
Underlying stock:	Amazon.com, Inc.
Amount:	$3,332,000
Maturity:	Dec. 4, 2025
Coupon:	11.65% annualized, payable quarterly if stock closes at or above coupon barrier on related observation date
Price:	Par
Payout at maturity:	Par plus coupon unless stock finishes below final barrier level, in which case 6.8451 Amazon shares.
Call:	At par plus contingent coupon if stock closes at or above its initial level on any quarterly call observation date
Initial level:	$146.09
Coupon barrier:	$109.57, 75% of initial level
Final barrier:	$109.57, 75% of initial level
Pricing date:	Nov. 30
Settlement date:	Dec. 5
Agent:	Barclays
Fees:	2.5%
Cusip:	06744EBR7

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