New Issue: Barclays prices $903,000 autocallable notes on three oil & gas stocks

By Marisa Wong

Morgantown, W.Va., Aug. 29 – Barclays Bank plc priced $903,000 of 10.5% autocallable notes due Aug. 30, 2018 linked to the least performing of the ConocoPhillips, Chevron Corp. and Marathon Oil Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each stock closes at or above its initial level on any quarterly determination date.

The payout at maturity will be par unless any stock finishes below its 50% barrier level, in which case investors will be fully exposed to any losses of the worst performing stock.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying stocks:	ConocoPhillips (Symbol: COP), Chevron Corp. (Symbol: CVX) and Marathon Oil Corp. (Symbol: MRO)
Amount:	$903,000
Maturity:	Aug. 30, 2018
Coupon:	10.5%, payable monthly
Price:	Par of $1,000
Payout at maturity:	Par unless any stock finishes below its barrier price, in which case investors will be fully exposed to any losses of the worst performing stock
Call:	At par if each stock closes at or above its initial level on any quarterly determination date
Initial prices:	$42.78 for ConocoPhillips, $101.89 for Chevron, $16.01 for Marathon
Barrier prices:	$21.39 for ConocoPhillips, $50.95 for Chevron, $8.01 for Marathon; 50% of initial prices
Pricing date:	Aug. 25
Settlement date:	Aug. 30
Agent:	Barclays
Fees:	3%
Cusip:	06741V7J5

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