New Issue: Barclays prices $964,000 10% autocallables linked to three oil stocks

By Angela McDaniels

Tacoma, Wash., May 27 – Barclays Bank plc priced $964,000 of 10% autocallable notes due May 30, 2019 linked to the least performing of the common stocks of ConocoPhillips, Chevron Corp. and Marathon Oil Corp., according to a 424B2 filing with the Notes and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each stock closes at or above its initial price on any quarterly call valuation date.

The payout at maturity will be par unless any stock finishes below its barrier price, 50% of its initial share price, in which case investors will receive par minus 1% for every 1% that the worst-performing stock declines.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying stocks:	ConocoPhillips (Symbol: COP), Chevron Corp. (Symbol: CVX) and Marathon Oil Corp. (Symbol: MRO)
Amount:	$964,000
Maturity:	May 30, 2019
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	Par unless any stock finishes below barrier price, in which case full exposure to decline of worst-performing stock
Call:	Automatically at par if each stock closes at or above initial price on any quarterly call valuation date
Initial share prices:	$43.46 for ConocoPhillips, $100.19 for Chevron and $13.02 for Marathon Oil
Barrier prices:	$21.73 for ConocoPhillips, $50.10 for Chevron and $6.51 for Marathon Oil; 50% of initial share prices
Pricing date:	May 24
Settlement date:	May 27
Agent:	Barclay
Fees:	4%
Cusip:	06741V2Q4

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