New Issue: Barclays sells $19.58 million Accelerated Return Notes on three financial stocks

By Marisa Wong

Morgantown, W.Va., June 5 – Barclays Bank plc priced $19.58 million of 0% Accelerated Return Notes due July 27, 2018 linked to a basket of three equally weighted financial sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying stocks are Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley.

The payout at maturity will be par plus triple any basket gain, up to a maximum return of 20%.

Investors will lose 1% for each 1% decline.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying basket:	Citigroup Inc. (NYSE: C) with 33.34% weight, JPMorgan Chase & Co. (NYSE: JPM) with 33.33% weight and Morgan Stanley (NYSE: MS) with 33.33% weight
Amount:	$19,584,480
Maturity:	July 27, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus triple any basket gain, up to a maximum return of 20%; full exposure to any basket decline
Initial prices:	$61.95 for Citigroup, $85.35 for JPMorgan, $42.63 for Morgan Stanley
Pricing date:	May 25
Settlement date:	June 2
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06746J351

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