New Issue: Barclays prices $27.84 million Accelerated Return Notes linked to three stocks

By Angela McDaniels

Tacoma, Wash., June 29 – Barclays Bank plc priced $27.84 million of 0% Accelerated Return Notes due Aug. 26, 2016 linked to a basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes Exxon Mobil Corp. with a 33.4% weight, ConocoPhillips with a 33.3% weight and Helmerich & Payne, Inc. with a 33.3% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 300% of the basket return, subject to a maximum return of 23%. If the basket return is negative, investors will be full exposed to the decline.

BofA Merrill Lynch is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stocks:	Exxon Mobil Corp.(33.4% weight; XOM), ConocoPhillips (33.3% weight; COP) and Helmerich & Payne, Inc. (33.3% weight; HP)
Amount:	$27,841,070
Maturity:	Aug. 26, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 23%; exposure to any basket decline
Initial share prices:	$62.22 for ConocoPhillips, $70.80 for Helmerich & Payne and $83.93 for Exxon Mobil
Pricing date:	June 25
Settlement date:	July 2
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	06743N538

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