Barclays plans contingent buffered return notes linked to 15 stocks

By Angela McDaniels

Tacoma, Wash., June 20 - Barclays Bank plc plans to price 0% contingent buffered return enhanced notes due Dec. 26, 2013 linked to a basket of 15 common stocks, according to an FWP filing with the Securities and Exchange Commission.

The basket includes equal weights of Caterpillar Inc., Chicago Bridge & Iron Co. NV, Cummins Inc., Deere & Co., Dow Chemical Co., E.I. du Pont de Nemours and Co., Fluor Corp., General Electric Co., NextEra Energy, Inc., Nucor Corp., Rock-Tenn Co., Rockwood Holdings, Inc., Union Pacific Corp., United Parcel Service, Inc. and Wesco International Inc.

If the final basket level is at least 75% of the initial basket level, the payout at maturity will be par plus the basket return, subject to a minimum return of 6.25% and a maximum return of at least 25% that will be set at pricing.

If the final basket level is less than or equal 75% of the initial basket level, investors will be fully exposed to the basket's decline from its initial level.

Barclays Capital Inc. is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as dealers.

The notes are expected to price June 22 and settle June 27.

The Cusip number is 06741TBR7.

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