New Issue: Barclays sells $34.96 million Accelerated Return Notes on financial stocks

By Devika Patel

Knoxville, Tenn., Nov. 28 – Barclays Bank plc priced $34.96 million of 0% Accelerated Return Notes due Jan. 26, 2018 linked to a basket of equally weighted stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 24%. Investors will lose 1% for each 1% decline.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying basket:	Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Morgan Stanley (NYSE: MS), equally weighted
Amount:	$34,955,970
Maturity:	Jan. 26, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any basket gain, capped at 24%; 1% loss for each 1% decline
Initial stock levels:	$56.10 for Citigroup, $78.53 for JPMorgan, $40.54 for Morgan Stanley
Pricing date:	Nov. 22
Settlement date:	Nov. 30
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06745R743

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