New Issue: Barclays prices $50.81 million Accelerated Return Notes linked to finance stocks

By Angela McDaniels

Tacoma, Wash., Jan. 30 – Barclays Bank plc priced $50.81 million of 0% Accelerated Return Notes due March 23, 2018 linked to a basket of financial stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of Citigroup Inc. with a 33.34% weight, JPMorgan Chase & Co. with a 33.33% weight and Morgan Stanley with a 33.33% weight.

The payout at maturity will be par of $10 plus 300% of any basket gain, subject to a maximum return of 22.8%. Investors will be exposed to any basket decline.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stocks:	Citigroup Inc. (symbol: C) with a 33.34% weight, JPMorgan Chase & Co. (symbol: JPM) with a 33.33% weight and Morgan Stanley (symbol: MS) with a 33.33% weight
Amount:	$50,809,820
Maturity:	March 23, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any basket gain, capped at 22.8%; exposure to any basket decline
Initial share prices:	$57.36 for Citigroup, $86.75 for JPMorgan and $44.02 for Morgan Stanley
Pricing date:	Jan. 26.
Settlement date:	Feb. 2
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06744M463

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