Barclays to price capped return enhanced notes tied to General Motors

By Toni Weeks

San Luis Obispo, Calif., June 18 – Barclays Bank plc plans to price 0% capped return enhanced notes due July 8, 2015 linked to General Motors Co. shares, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the General Motors share price, up to a maximum return of 32.5%. Investors will be exposed to any losses.

The final share price will be the average of the closing share prices on the five trading days ending July 2, 2015.

Barclays is the agent.

The notes will price June 20 and settle June 25.

The Cusip number is 06741UFD1.

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