New Issue: Barclays prices $625,000 callable contingent payment notes linked to two indexes

By Marisa Wong

Madison, Wis., June 2 – Barclays Bank plc priced $625,000 of callable contingent payment notes due May 29, 2025 linked to linked to the worst performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 9% if each index closes at or above its coupon barrier level, 60% of the initial level, on a quarterly valuation date.

The notes are callable at par plus the contingent coupon on any interest payment date.

The payout at maturity will be par unless either index finishes below the 60% barrier level, in which case investors will be fully exposed to any losses of the worst performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent payment notes
Underlying indexes:	Russell 2000 index, Euro Stoxx 50
Amount:	$625,000
Maturity:	May 29, 2025
Coupon:	9% per year, payable quarterly if each index closes at or above barrier level on valuation date for that quarter
Price:	Par
Payout at maturity:	Par unless either index finishes below barrier level, in which case full exposure to losses of worst performing index
Call option:	At par on any interest payment date
Initial index levels:	1,238.76 for Russell, 3,619.30 for Euro Stoxx
Barrier levels:	743.26 for Russell, 2,171.58 for Euro Stoxx; 60% of initial levels
Pricing date:	May 26
Settlement date:	May 29
Agent:	Barclays
Fees:	2.5%
Cusip:	06741UWQ3

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