Barclays plans zero-coupon principal-protected notes linked to three indexes

By Laura Lutz

Des Moines, Dec. 21 - Barclays Bank plc plans to price zero-coupon 100% principal protection notes linked to an index basket, according to an FWP filing with the Securities and Exchange Commission.

The notes will mature 70 to 76 months after issuance.

The basket consists of the S&P 500 index with a 33.34% weight, the Dow Jones Euro Stoxx 50 index with a 33.33% weight and the Nikkei 225 index with a 33.33% weight.

The payout at maturity will be par plus any gain on the basket. Investors will receive at least par.

The notes are expected to price on Jan. 28 and settle on Jan. 31.

UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.

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