New Issue: Barclays prices $10 million trigger callable contingent yield notes on six stocks

By Wendy Van Sickle

Columbus, Ohio, April 29 – Barclays Bank plc priced $10 million of trigger callable contingent yield notes due April 27, 2023 linked to the stocks of Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com, Inc., Apple Inc., Facebook, Inc. and Microsoft Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Each quarter, the notes will pay a contingent coupon at an annual rate of 32% if each stock closes at or above its coupon barrier level, 70% of its initial level, on the observation date for that period.

The notes will be callable at par of $10 plus any coupon on any quarterly observation date other than the final one.

If the notes are not called and each stock finishes at or above its downside threshold level, 70% of its initial level, the payout at maturity will be par plus any coupon. Otherwise, investors will lose 1% for every 1% decline of the least-performing stock.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger callable contingent yield notes
Underlying stocks:	Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com, Inc., Apple Inc., Facebook, Inc. and Microsoft Corp.
Amount:	$10 million
Maturity:	April 27, 2023
Coupon:	32% per year, payable quarterly if each stock closes at or above its coupon barrier level on observation date for that period
Price:	Par of $10
Payout at maturity:	Par plus any coupon unless any stock finishes below downside threshold level, in which case 1% loss for every 1% decline of worst performing stock
Call option:	At par plus any coupon on any quarterly observation date other than final one
Initial levels:	$204.36 for Alibaba, $1,276.60 for Alphabet, $2,410.22 for Amazon.com, $282.97 for Apple, $190.07 for Facebook, $174.55 for Microsoft
Coupon barrier/downside thresholds:	$143.052 for Alibaba, $893.62 for Alphabet, $1,687.154 for Amazon.com, $198.079 for Apple, $133.049 for Facebook, $122.185 for Microsoft, 70% of initial levels
Strike date:	April 24
Pricing date:	April 28
Settlement date:	April 30
Agents:	UBS Financial Services Inc. and Barclays
Fees:	0.5%
Cusip:	06747G125

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