New Issue: Barclays prices $600,000 9.5% contingent coupon callables on Russell, Stoxx, S&P

By Susanna Moon

Chicago, Oct. 26 – Barclays Bank plc priced $600,000 of callable contingent coupon notes due Oct. 19, 2028 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 9.5% if each underlying asset closes at or above its 60% coupon barrier on the observation date for that month.

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

The payout at maturity will be par unless any underlying asset closes below its 60% trigger level, in which case investors will be exposed to any losses of the worst performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable contingent coupon notes
Underlying indexes:	S&P 500, Russell 2000 and Euro Stoxx Select Dividend 30
Amount:	$600,000
Maturity:	Oct. 19, 2028
Coupon:	9.5% annualized, payable monthly if each index closes at or above its 60% coupon barrier on observation date for that month
Price:	Par
Payout at maturity:	Par unless any index falls by more than 40%, in which case 1% loss per 1% decline of worst performing index
Call option:	At par on any interest payment date
Initial levels:	2,750.79 for S&P, 1,553.10 for Russell and 1,893.35 for Stoxx Select
Trigger levels:	1,650.47 for S&P, 931.86 for Russell and 1,136.01 for Stoxx Select; 60% of initial levels
Pricing date:	Oct. 15
Settlement date:	Oct. 18
Agent:	Barclays
Fees:	1.25%
Cusip:	06746XUQ4

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