New Issue: Barclays prices $11.36 million Stars linked to Apple stock

By Marisa Wong

Madison, Wis., Dec. 12 - Barclays Bank plc priced $11.36 million of 0% Strategic Accelerated Redemption Securities due Dec. 29, 2014 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Apple shares close at or above the initial share price on any of three observation dates, the notes will be called at par of $10 plus an annualized call premium of 17.62%. The observation dates are six, nine and 12 months after the pricing date.

If the notes are not called, investors will receive par for losses up to 5% and will be exposed to the any decline beyond 5%.

BofA Merrill Lynch is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Strategic Accelerated Redemption Securities
Underlying stock:	Apple Inc. (Symbol: AAPL)
Amount:	$11,361,460
Maturity:	Dec. 29, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par unless stock falls by more than 5%, in which case full exposure to any decline beyond 5%
Call:	At par plus 17.62% per year if stock closes at or above initial price on June 20, 2014, Sept. 19, 2014 or Dec. 19, 2014
Initial price:	$564.80
Threshold price:	$536.56, 95% of initial price
Pricing date:	Dec. 10
Settlement date:	Dec. 17
Underwriter:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	06742E372

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