Barclays plans to price annual autocallables linked to three indexes

By Angela McDaniels

Tacoma, Wash., June 24 – Barclays Bank plc plans to price 0% annual autocallable notes due June 29, 2017 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 8% per year if each index closes at or above its call level, 85% of its initial level, on July 1, 2016 or June 26, 2017.

If the notes are not called and the final level of the least-performing index is greater than or equal to its barrier level, 70% of its initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the least-performing index from its initial level.

Barclays is the agent.

The notes will price June 25 and settle June 30.

The Cusip number is 06741UYW8.

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