New Issue: Barclays prices $28.78 million Accelerated Return Notes linked to technology stocks

By Angela McDaniels

Tacoma, Wash., June 2 – Barclays Bank plc priced $28.78 million of 0% Accelerated Return Notes due July 22, 2016 linked to a basket of three technology sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is comprised of the common stocks of Apple Inc. with a 33.33% weight, Facebook, Inc. with a 33.33% weight and Twitter, Inc. with a 33.34% weight.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 19.05%. Investors will be exposed to any basket decline.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stocks:	Apple Inc. (33.33% weight), Facebook, Inc. (33.33% weight) and Twitter, Inc. (33.34% weight)
Amount:	$28,778,500
Maturity:	July 22, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, up to 19.05% maximum return; full exposure to any basket decline
Initial share prices:	$131.78 for Apple, $80.145 for Facebook and $36.83 for Twitter
Pricing date:	May 28
Settlement date:	June 4
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06743N652

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