New Issue: Barclays sells $14.28 million Accelerated Return Notes on basket of tech stocks

By Wendy Van Sickle

Columbus, Ohio, Dec. 30 – Barclays Bank plc priced $14.28 million of 0% Accelerated Return Notes due Feb. 25, 2022 linked to a basket of technology sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of Facebook, Inc., Amazon.com, Inc., Apple Inc., Netflix, Inc. and Alphabet Inc., approximately equally weighted.

The payout at maturity will be par of $10 plus 300% of any basket gain, subject to a maximum return of 25.47%. Investors will be exposed to any basket decline.

BofA Securities, Inc. is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stocks:	Facebook, Inc., Amazon.com, Inc., Apple Inc., Netflix, Inc. and Alphabet Inc. (equally weighted)
Amount:	$14,283,290
Maturity:	Feb. 25, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 25.47%; exposure to any basket decline
Initial share prices:	$268.11 for Facebook, $3,185.27 for Amazon, $130.96 for Apple, $514.48 for Netflix, $1,728.23 for Alphabet
Pricing date:	Dec. 23
Settlement date:	Dec. 31
Agent:	BofA Securities, Inc.
Fees:	1.75%
Cusip:	06747L694

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