New Issue: Barclays prices $5 million 18% enhanced equity-linked convertibles linked to Halliburton

By Susanna Moon

Chicago, Nov. 14 - Barclays Bank plc priced $5 million of 18% enhanced equity-linked convertible notes due May 20, 2009 linked to Halliburton Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

Payout at maturity will be par of $18.6027 plus any gain in the shares, up to a maximum return of 46%. Investors will share in any losses.

Barclays Capital is the agent.

Issuer:	Barclays Bank plc
Issue:	Enhanced equity-linked convertible notes
Underlying stock:	Halliburton Co. (Symbol: HAL)
Amount:	$4,999,996.50
Maturity:	May 20, 2009
Coupon:	18%, payable monthly
Price:	Par of $18.6027
Payout at maturity:	Par plus any stock gain, capped at 46%; exposure to losses
Initial share price:	$18.6027
Pricing date:	Nov. 13
Settlement date:	Nov. 20
Agent:	Barclays Capital

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