New Issue: Barclays sells $3.31 million trigger autocallable notes on Stoxx Europe

By Marisa Wong

Madison, Wis., July 2 – Barclays Bank plc priced $3.31 million of 0% trigger autocallable optimization securities due June 30, 2020 linked to the Stoxx Europe 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call return of 8% per year if the index closes at or above the initial index level on any quarterly observation date after one year.

If the notes are not called and the index finishes at or above the trigger level, 70% of the initial level, the payout at maturity will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger autocallable optimization securities
Underlying index:	Stoxx Europe 50
Amount:	$3,310,400
Maturity:	June 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par if index finishes at or above trigger level; otherwise, full exposure to any losses
Call:	At par plus 8% per year if index closes at or above initial level on any quarterly observation date beginning July 5, 2016
Initial level:	3,423.68
Trigger level:	2,396.58, 70% of initial price
Pricing date:	June 26
Settlement date:	June 30
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2.5%
Cusip:	06743N462

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