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Published on 10/5/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $32.35 million Accelerated Return Notes on Euro Stoxx

By Devika Patel

Knoxville, Tenn., Oct. 5 – Barclays Bank plc priced $32.35 million of 0% Accelerated Return Notes due Nov. 22, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return of 20.85%. If the index falls, investors will lose 1% for each 1% decline.

Merrill Lynch & Co. is the agent.

Issuer:Barclays Bank plc
Issue:Accelerated Return Notes
Underlying index:Euro Stoxx 50
Amount:$32,349,210
Maturity:Nov. 22, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any index gain, up to 20.85% maximum return; 1% loss for each 1% decline
Initial index level:2,151.13
Pricing date:Sept. 29
Settlement date:Oct. 6
Agent:Merrill Lynch & Co.
Fees:2%
Cusip:06745B482

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