New Issue: Barclays sells $3.83 million autocallable notes on four tech stocks

By Wendy Van Sickle

Columbus, Ohio, April 6 – Barclays Bank plc priced $3.83 million of 8.1% autocallable notes due March 31, 2021 linked to the least performing of the common stocks of Facebook, Inc., Apple Inc., Amazon.com, Inc. and 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 quarterly call date.

The payout at maturity will be par unless any stock finishes below its 60% barrier level, in which case investors will lose 1% for each 1% decline of the worst performing stock.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying stocks:	Facebook, Inc., Apple Inc., Amazon.com, Inc. and Alphabet Inc.
Amount:	$3,833,000
Maturity:	March 31, 2021
Coupon:	8.1%, payable monthly
Price:	Par of $1,000
Payout at maturity:	Par unless any stock finishes below its barrier price, in which case investors will lose 1% for each 1% decline of the worst performing stock
Call:	At par if each stock closes at or above its initial level on any quarterly determination date beginning June 26
Initial prices:	$160.06 for Facebook, $1,555.86 for Amazon, $1,053.21 for Alphabet, $172.77 for Apple
Barrier levels:	$96.036 for Facebook, $933.516 for Amazon, $631.926 for Alphabet, $103.66 for Apple; 60% of initial levels
Pricing date:	March 26
Settlement date:	March 29
Agent:	Barclays
Fees:	3.25%
Cusip:	06744CYU9

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