New Issue: Barclays prices $39.84 million Accelerated Return Notes linked to General Motors

By Toni Weeks

San Luis Obispo, Calif., Sept. 15 – Barclays Bank plc priced $39.84 million of 0% Accelerated Return Notes due Sept. 28, 2015 linked to the common stock of General Motors Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is positive, the payout at maturity will be par plus 300% of the stock return, subject to a maximum return of 23.85%.

Investors will share fully in any losses.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Accelerated Return Notes
Underlying stock:	General Motors Co. (Symbol: GM)
Amount:	$39,835,580
Maturity:	Sept. 28, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any gain in the stock price, capped at 23.85%; exposure to any losses
Initial price:	$33.82
Pricing date:	Sept. 11
Settlement date:	Sept. 18
Underwriters:	BofA Merrill Lynch
Fees:	1.75%
Cusip:	06740D202

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