New Issue: Barclays prices $53.25 million Accelerated Return Notes linked to JPX-Nikkei 400

By Angela McDaniels

Tacoma, Wash., June 29 – Barclays Bank plc priced $53.25 million of 0% Accelerated Return Notes due Aug. 26, 2016 linked to the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 13.5%. If the index return is negative, investors will be full exposed to the decline.

BofA Merrill Lynch is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying index:	JPX-Nikkei 400
Amount:	$53,248,730
Maturity:	Aug. 26, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 13.5%; exposure to any index decline
Initial index level:	15,077.63
Final index level: Average of index’s closing levels on five trading days ending Aug. 23, 2016
Pricing date:	June 25
Settlement date:	July 2
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06743P244

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