FWP 1 a17-12266_15fwp.htm FWP - 14M ARN - SPOKE 1 (BARCLAYS LEGAL) - GUIDEBOOK[BARC-AMERICAS.FID876137]

 

 

Filed Pursuant to Rule 433

Registration No. 333-212571

 

 

ACCELERATED RETURN NOTES® (ARNs®)

 

 

 

 

Accelerated Return Notes®  Linked to a Basket of Three Financial Sector Stocks

 

 

This graph reflects the hypothetical return on the notes, based on the mid-point of the range(s) set forth in the table to the left. This graph has been prepared for purposes of illustration only.

Issuer

 

Barclays Bank PLC (“Barclays”)

Principal Amount

 

$10.00 per unit

Term

 

Approximately 14 months

Market Measure

 

An approximately equally weighted basket of three financial sector stocks comprised of Citigroup Inc. (NYSE symbol: “C”), JPMorgan Chase & Co. (NYSE symbol: “JPM”) and Morgan Stanley (NYSE symbol: “MS”) (each, a “Basket Stock”).

Payout Profile at Maturity

 

·              3-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value

·              1-to-1 downside exposure to decreases in the Market Measure, with 100% of your investment at risk

Capped Value

 

[$11.70 to $12.10] per unit, a [17% to 21%] return over the principal amount, to be determined on the pricing date.

Investment Considerations

 

This investment is designed for investors who anticipate that the Market Measure will increase moderately over the term of the notes, and are willing to accept a capped return, take full downside risk and forgo interim interest payments.

Preliminary Offering Documents

 

https://www.sec.gov/Archives/edgar/data/312070/000110465917028836/a17-12266_14fwp.htm

Exchange Listing

 

No

 

 

 

 

 

You should read the relevant Preliminary Offering Documents before you invest.

Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.

Risk Factors

Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:

·                  Depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.

·                  Payments on the notes, including repayment of principal, are subject to the credit risk of Barclays and to the exercise of any U.K. Bail-in Power or any other resolution measure by the relevant U.K. resolution authority. If Barclays becomes insolvent, is unable to pay its obligations, or any other resolution measure is exercised, you may lose your entire investment.

·                  Your investment return is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the Basket Stocks.

·                  Changes in the price of one of the Basket Stocks may be offset by changes in the prices of the other Basket Stocks.

·                  The initial estimated value of the notes on the pricing date will be less than their public offering price.

·                  If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.

·                  You will have no rights of a holder of the Basket Stocks, and you will not be entitled to receive shares of the Basket Stocks or dividends or other distributions by the issuers of the Basket Stocks.

·                  We, MLPF&S and our respective affiliates do not control any company included in the Basket and are not responsible for any disclosure made by any other company. The companies included in the Basket will have no obligations relating to the notes.

·                  The Redemption Amount will not be adjusted for all corporate events that could affect the Basket Stocks.

·                  The Basket is concentrated in the financial sector; an investment in the notes involves certain risks associated with an investment in the financial sector.

Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.

Barclays Bank PLC (Barclays) has filed a registration statement (which includes a prospectus) with the Securities and Exchange Commission (SEC) for the notes that are described in this Guidebook. Before you invest, you should carefully read the prospectus in that registration statement and other documents that Barclays has filed with the SEC for more complete information about Barclays and any offering described in this Guidebook. You may obtain these documents without cost by visiting EDGAR on the SEC Website at www.sec.gov. Barclays’s Central Index Key, or CIK, on the SEC website is 312070. Alternatively, Merrill Lynch will arrange to send you the prospectus and other documents relating to any offering described in this document if you so request by calling toll-free 1-800-294-1322. Barclays faces risks that are specific to its business, and we encourage you to carefully consider these risks before making an investment in its securities.