Barclays plans 10%-11% five-year autocallables linked to three stocks

By Susanna Moon

Chicago, April 6 – Barclays Bank plc plans to price 10% to 11% autocallable notes due April 30, 2019 linked to the least performing of the common stocks of Marathon Oil Corp., Chevron Corp. and Valero Energy Corp., according to an FWP filing with the Securities and Exchange Commission.

Interest is payable monthly, with the exact rate to be set at pricing.

The notes will be called at par if the index closes at or above its initial level on any quarterly determination date.

The payout at maturity will be par unless the index finishes below the 50% barrier level, in which case investors will lose 1% for each 1% decline.

Barclays is the agent.

The notes will price on April 25 and settle on April 28.

The Cusip number is 06741VQX3.

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