New Issue: Barclays prices $3.18 million 8.35% autocallables linked to tech stocks

By Susanna Moon

Chicago, June 7 – Barclays Bank plc priced $3.18 million of 8.35% autocallable notes May 31, 2019 linked to the class A common stock of Facebook, Inc., the common stock of Amazon.com, Inc., the common stock of Netflix, Inc. and the class C common stock of the Alphabet Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each stock closes at or above its initial level on any review date.

The payout at maturity will be par unless any stock finishes below its 70% trigger level, 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:	$3,183,000
Maturity:	May 31, 2019
Coupon:	8.35% annualized, payable monthly
Price:	Par
Payout at maturity:	Par unless any stock falls below 60% trigger, in which case 1% loss per 1% decline of worst performing stock
Call:	At par if each stock closes at or above initial level on any review date
Initial levels:	$151.96 for Facebook, $993.38 for Amazon, $163.05 for Netflix and $969.54 for Alphabet
Barrier levels:	$91.18 for Facebook, $596.03 for Amazon, $97.83 for Netflix and $581.72 for Alphabet, 60% of initial levels
Pricing date:	May 25
Settlement date:	May 31
Agent:	Barclays
Dealer:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	06741VT69

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