New Issue: Barclays sells $7.64 million conditional return notes tied to Microsoft

By Susanna Moon

Chicago, Dec. 1 – Barclays Bank plc priced $7.64 million of notes due Dec. 7, 2018 linked to Microsoft Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes at or above its initial level, the payout at maturity will be par of $10.00 plus the conditional payment of $1.471 per par amount.

Otherwise, investors will exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying stock:	Microsoft Corp. (Symbol: MSFT)
Amount:	$7,635,650
Maturity:	Dec. 7, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If stock gains, par plus 14.71%; otherwise, 1% loss for each 1% decline
Initial price:	$83.62
Pricing date:	Nov. 21
Settlement date:	Nov. 29
Underwriter:	BofA Merrill Lynch
Fees:	1.75%
Cusip:	06746M123

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