New Issue: Barclays prices $7.47 million Accelerated Return Notes tied to Apple

By Marisa Wong

Morgantown, W.Va., April 12 – Barclays Bank plc priced $7.47 million of 0% Accelerated Return Notes due April 27, 2018 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any share price gain, up to a maximum return of 19.3%. Investors will be exposed to any share price decline.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stock:	Apple Inc. (Symbol: AAPL)
Amount:	$7,465,960
Maturity:	April 27, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any share price gain, capped at 19.3%; exposure to any share price decline
Initial price:	$143.37 (VWAP on pricing date)
Pricing date:	April 10
Settlement date:	April 18
Agent:	BofA Merrill Lynch
Fees:	1.75%
Cusip:	06745T111

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