New Issue: Barclays prices $8.08 million trigger autocallable notes tied to S&P

By Wendy Van Sickle

Columbus, Ohio, April 11 – Barclays Bank plc priced $8.08 million of trigger autocallable notes due April 15, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

After six months, the notes will be called at par plus an annualized premium of 9% if the index closes at or above its initial level on any quarterly observation date.

The payout at maturity will be par unless the index finishes below the downside threshold level, 75% of the initial level, in which case investors will lose 1% for every 1% loss of the index.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger autocallable notes
Underlying index:	S&P 500
Amount:	$8,082,630
Maturity:	April 15, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par unless index finishes below downside threshold, in which case full exposure to decline
Call:	Automatically at par plus 9% annualized premium if index closes at or above initial level on any quarterly observation date after six months
Initial level:	2,613.16
Downside threshold:	1,959.87, 75% of initial levels
Pricing date:	April 9
Settlement date:	April 12
Agents:	Barclays Capital Inc. and UBS Financial Services Inc.
Fees:	1.5%
Cusip:	06746R668

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