New Issue: Barclays prices $500,000 annual autocallables linked to two indexes

By Marisa Wong

Morgantown, W.Va., Oct. 2 – Barclays Bank plc priced $500,000 of 0% annual autocallable notes due Sept. 28, 2018 linked to the lesser performing of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 13.5% per year if each index closes at or above its initial level on any annual call valuation date.

If the notes are not called and the final level of the lesser-performing index is greater than or equal to its barrier level, 75% of its initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the lesser-performing index from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Annual autocallable notes
Underlying indexes:	S&P 500 and Euro Stoxx 50
Amount:	$500,000
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser-performing index is greater than or equal to barrier level, par; otherwise, full exposure to decline of least-performing index from initial level
Call:	Automatically at par plus 13.5% per year if each index closes at or above its initial level on any annual call valuation date
Initial index levels:	1,931.34 for S&P 500, 3,113.16 for Euro Stoxx
Barrier levels:	1,448.51 for S&P 500, 2,334.87 for Euro Stoxx; 75% of initial levels
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	Barclays
Fees:	2.25%
Cusip:	06741UK78

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