New Issue: Barclays prices $830,000 callable contingent coupon notes tied to index, fund

By Susanna Moon

Chicago, Sept. 28 – Barclays Bank plc priced $830,000 of callable contingent coupon notes due Sept. 25, 2020 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent semiannual coupon at an annualized rate of 6.9% if each underlying index or fund closes at or above its 70% coupon barrier on the observation date for that period.

The notes are callable at par on any interest payment date.

The payout at maturity will be par unless either underlying component finishes below its 70% barrier level, in which case investors will be fully exposed to the decline of the worse performing index or fund.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent coupon notes
Underlying assets:	Euro Stoxx 50 and iShares MSCI Emerging Markets ETF
Amount:	$830,000
Maturity:	Sept. 25, 2020
Contingent coupon:	6.9% per year, payable semiannually if each underlying component closes at or above 70% barrier level on observation date for that period
Price:	Par
Payout at maturity:	If each underlying component finishes at or above barrier, par; otherwise, full exposure to losses of worse performing index or fund
Call option:	At par on any interest payment date
Initial levels:	3,541.42 for Stoxx and $45.38 for fund
Barrier levels:	2,478.99 for Stoxx and $31.77 for fund, or 70% of initial levels
Pricing date:	Sept. 22
Settlement date:	Sept. 29
Agent:	Barclays
Fees:	2.65%
Cusip:	06744CHW4

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