New Issue: Barclays sells $5 million 12.5% buffered callable fixed-coupon notes on indexes

By William Gullotti

Buffalo, N.Y., Feb. 7 – Barclays Bank plc priced $5 million of 12.5% callable fixed-coupon notes due April 14, 2022 linked to the least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par on any coupon payment date after six months.

The payout at maturity will be par plus the final coupon due unless any index finishes below its initial level and below the 70% downside barrier at any point during the life of the notes, in which case investors will lose 1% for each 1% decline of the worst performing index from its initial level

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Callable fixed-coupon notes
Underlying indexes:	Russell 2000 index, S&P 500 index, Nasdaq-100 index
Amount:	$5 million
Maturity:	April 14, 2022
Coupon:	12.5%; payable monthly
Price:	Par
Call option:	At par on any interest payment date after six months
Payout at maturity:	Par unless any index closes below its initial level and any index closes below its barrier level at any point during the life of the notes, in which case full exposure to losses of worst performer
Initial levels:	4,128.8 for S&P, 2,243.47 for Russell, 13,845.05 for Nasdaq
Barrier levels:	2,890.16 for S&P, 1,570.43 for Russell, 9,691.54 for Nasdaq; 70% of initial levels
Pricing date:	April 9
Settlement date:	April 14
Agent:	Barclays
Fees:	0.35%
Cusip:	06748ED91

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