New Issue: Barclays prices $19.59 million Accelerated Return Notes on three financial stocks

By Jennifer Chiou

New York, July 28 – Barclays Bank plc priced $19,593,120 of 0% Accelerated Return Notes due Sept. 25, 2015 linked to a basket of three financial sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket stocks are Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

The payout at maturity will be par of $10 plus triple any gain in the basket, subject to a maximum return of 12.84%. Investors will be fully exposed to any decline in the basket.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stocks:	Citigroup Inc. (Symbol: C) with 33.33% weight, JPMorgan Chase & Co. (Symbol: JPM) with 33.34% weight and Wells Fargo & Co. (Symbol: WFC) with 33.33% weight
Amount:	$19,593,120
Maturity:	Sept. 25, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any basket gain, subject to a maximum return of 12.84%; full exposure to any basket decline
Initial prices:	$50.09 for Citigroup, $59.17 for JPMorgan, $51.59 for Wells Fargo
Pricing date:	July 24
Settlement date:	July 29
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06742W3809

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