New Issue: Barclays prices $4.83 million market plus notes linked to WTI crude oil

By Susanna Moon

Chicago, Oct. 23 - Barclays Bank plc priced $4.83 million of 0% market plus notes due Nov. 4, 2014 linked to WTI crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

If the price of WTI crude finishes at or above the barrier level, 80% of the initial level, the payout at maturity will be par plus the greater of any gain and the 4.01% contingent minimum return.

Otherwise, investors will be fully exposed to losses.

Barclays is the underwriter. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are dealers.

Issuer:	Barclays Bank plc
Issue:	Market plus notes
Underlying commodity:	WTI crude oil futures contract
Amount:	$4,825,000
Maturity:	Nov. 4, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If crude finishes at or above barrier level, par plus any gain, floor of 4.01%; otherwise, full exposure to losses
Initial price:	$100.81
Barrier level:	$80.65, 80% of initial level
Pricing date:	Oct. 18
Settlement date:	Oct. 23
Underwriter:	Barclays
Dealers:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	06741TT64

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