New Issue: Barclays prices $820,000 10% autocallables on ConocoPhillips, Chevron, Marathon

By Tali Rackner

Norfolk, Va., July 1 – Barclays Bank plc priced $820,000 of 10% autocallable notes due June 28, 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 Securities 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 either loss 1% for every 1% that the least-performing stock finishes below its initial share price.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Autocallable notes
Underlying stocks:	ConocoPhillips, Chevron Corp. and Marathon Oil Corp.
Amount:	$820,000
Maturity:	June 28, 2019
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	Par unless any stock finishes below barrier price, in which case investors will either be fully exposure to decline of least-performing stock
Call:	Automatically at par if each stock closes at or above initial price on any quarterly call valuation date
Initial share prices:	$40.78 for ConocoPhillips, $100.36 for Chevron and $13.66 for Marathon Oil
Barrier prices:	$20.39 for ConocoPhillips, $50.18 for Chevron and $6.83 for Marathon Oil; 50% of initial share prices
Pricing date:	June 27
Settlement date:	June 30
Agent:	Barclays
Fees:	4%
Cusip:	06741V4D1

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