New Issue: Barclays prices $21.41 million Accelerated Return Notes tied to financials

By Wendy Van Sickle

Columbus, Ohio, Aug. 29 – Barclays Bank plc priced $21.41 million of 0% Accelerated Return Notes due Oct. 27, 2017 linked to a basket of three financial sector stocks, according to a 424B2 with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 19.71%.

Investors will be exposed to any losses.

Bank of America Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying basket:	Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC), equally weighted
Amount:	$21,406,940
Maturity:	Oct. 27, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 19.71%; exposure to any losses
Initial stock levels:	$46.72 for Citigroup, $66.07 for JPMorgan, $48.38 for Wells Fargo
Pricing date:	Aug. 25
Settlement date:	Sept. 1
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06740Q161

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