Barclays plans 8% to 9% autocallables tied to four technology stocks

New York, May 29 – Barclays Bank plc plans to price 8% to 9% autocallable notes due June 29, 2021 linked to the least performing of the class A common stock of Facebook Inc., the common stocks of Amazon.com, Inc. and Apple Inc. and the class C common stock of Alphabet Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Each month, the notes will pay a coupon at an annual rate of 8% to 9%. The exact coupon will be set at pricing.

The notes will be called at par plus the contingent coupon if each stock closes at or above its initial level on any quarterly observation date prior to maturity.

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

Barclays is the agent.

The notes will price on June 26 and settle on June 29.

The Cusip number is 06746XDB6.

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