Barclays plans notes with 60% barrier, no cap linked to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 9 - Barclays Bank plc plans to price 0% notes due Feb. 13, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the 60% barrier level during the life of the notes, the payout at maturity will be par plus the greater of any index gain and a contingent minimum return of 1.5%.

Otherwise, investors will be fully exposed to any losses if the index ever dips below the barrier level.

Barclays Capital Inc. is the agent.

The notes will price on Aug. 10 and settle on Aug. 15.

The Cusip number is 06741TEC7.

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