New Issue: Barclays prices $2.38 million 10.35% autocallables linked to tech stocks

By Susanna Moon

Chicago, May 27 – Barclays Bank plc priced $2.38 million of 10.35% autocallable notes due May 30, 2019 linked to the least performing of the class A common stock of Facebook, Inc. and the common stocks of Amazon.com, Inc., Netflix, Inc. and Alphabet Inc., according to a 424B2 filing with the Notes and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each stock closes at or above its initial price on any quarterly call valuation date.

The payout at maturity will be par unless any stock finishes below its barrier level, 60% of its initial share price, in which case investors will be fully exposed to any losses of the worst performing stock.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying stocks:	Facebook, Inc. (Symbol: FB), Amazon.com, Inc. (Symbol: AMZN), Netflix, Inc. (Symbol: NFLX) and Alphabet Inc. (Symbol: GOOG)
Amount:	$2,378,000
Maturity:	May 30, 2019
Coupon:	10.35%, payable monthly
Price:	Par
Payout at maturity:	Par unless any stock finishes below barrier price, in which case full exposure to decline of worst performing stock
Call:	At par if each stock closes at or above initial price on any quarterly call valuation date
Initial share prices:	$117.70 for Facebook, $704.20 for Amazon, $97.89 for Netflix and $720.09 for Alphabet
Barrier prices:	$70.62 for Facebook, $422.52 for Amazon, $58.73 for Netflix and $432.05 for Alphabet; 60% of initial share prices
Pricing date:	May 24
Settlement date:	May 27
Agent:	Barclays
Fees:	4%
Cusip:	06741V2Z4

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