New Issue: Barclays prices $563,000 phoenix autocallables linked to three stocks

By Marisa Wong

Morgantown, W.Va., Nov. 3 – Barclays Bank plc priced $563,000 of phoenix autocallable coupon memory notes due Oct. 31, 2017 linked to the least performing of the common stocks of Genworth Financial, Inc., Citigroup Inc. and JPMorgan Chase & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If each stock closes at or above its coupon barrier, 50% of its initial price, on a quarterly observation date, a contingent coupon of 13.25% per year will be payable for that quarter. If a contingent coupon is not payable for an observation date, that coupon becomes an unpaid coupon amount. On each contingent coupon payment date, if and only if a contingent coupon is payable for that quarter, investors will receive the contingent coupon payable for that quarter plus any unpaid coupon amounts not already paid.

The notes will be called at par plus the contingent coupon if each stock closes at or above its initial price on any quarterly observation date beginning after one year.

If each stock finishes at or above its 50% barrier price, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to any losses of the worst performing stock.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Phoenix autocallable coupon memory notes
Underlying stocks:	Genworth Financial, Inc. (Symbol: GNW), Citigroup Inc. (Symbol: C), JPMorgan Chase & Co. (Symbol: JPM)
Amount:	$563,000
Maturity:	Oct. 31, 2017
Coupon:	13.25% annualized for each quarter that each stock closes at or above barrier price on quarterly observation date plus unpaid coupons from previous quarters
Price:	Par
Payout at maturity:	If each stock finishes at or above 50% barrier price, par plus coupon; otherwise, full exposure to losses of worst performing stock
Call:	At par if each stock closes at or above initial price on any quarterly observation date
Initial price:	$4.78 for Genworth, $52.61 for Citi, $63.64 for JPMorgan
Barrier prices:	$2.39 for Genworth, $26.31 for Citi, $31.82 for JPMorgan; 50% of initial prices
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Underwriter:	Barclays
Fees:	3%
Cusip:	06741UQ80

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