New Issue: Barclays prices $6.26 million trigger autocallables linked to General Electric

By Susanna Moon

Chicago, Oct. 16 - Barclays Bank plc priced $6.26 million of trigger autocallable optimization notes due Oct. 17, 2018 linked to General Electric Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 8% if General Electric closes above its initial share price on any quarterly observation date after one year.

The payout at maturity will be par unless General Electric stock finishes below its 65% trigger, in which case investors will be exposed to any losses.

UBS Financial Services Inc. and Barclays are the underwriters.

Issuer:	Barclays Bank plc
Issue:	Trigger autocallable optimization securities
Underlying stock:	General Electric Co. (NYSE: GE)
Amount:	$6,262,500
Maturity:	Oct. 17, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless GE stock finishes below trigger level, in which case exposure to any losses
Call:	At par plus 8% annualized if General Electric closes above initial level on any quarterly observation date beginning Oct. 20, 2014
Initial share price:	$24.40
Trigger level:	$15.86, 65% of initial price
Pricing date:	Oct. 11
Settlement date:	Oct. 17
Underwriters:	UBS Financial Services Inc. and Barclays
Fees:	2.5%
Cusip:	06742E794

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