New Issue: Barclays sells $52.09 million of 0% one-look notes tied to Apple stock

By Devika Patel

Knoxville, Tenn., Jan. 11 – Barclays Bank plc priced $52,089,210 of 0% one-look notes due Jan. 27, 2017 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Merrill Lynch & Co. is the agent.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par of $10 plus 21.1%. Otherwise, investors will be exposed to the stock’s decline.

Issuer:	Barclays Bank plc
Issue:	One-look notes
Underlying stock:	Apple Inc. (Nasdaq: AAPL)
Amount:	$52,089,210
Maturity:	Jan. 27, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final share price is greater than or equal to initial share price, par plus 21.1%; otherwise, full exposure to stock’s decline
Initial share price:	$98.10, which equals volume-weighted average price on pricing date
Pricing date:	Jan. 7
Settlement date:	Jan. 14
Agent:	Merrill Lynch & Co.
Fees:	1.75%
Cusip:	06742Y469

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