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Published on 11/5/2012 in the Prospect News Structured Products Daily.

Barclays to price 8% reverse convertibles linked to Whole Foods

New York, Nov. 5 - Barclays Bank plc plans to price 8% reverse convertible notes due Nov. 29, 2013 linked to Whole Foods Market, Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless Whole Foods shares fall below 75% of the initial price during the life of the notes and finish below the initial price, in which case the payout will be a number of Whole Foods shares equal to $1,000 divided by the initial price.

The notes are expected to price on Nov. 28 and settle on Nov. 30.

Barclays Capital is the agent.

The Cusip number is 06741JUD9.


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