Barclays to price return optimization securities linked to S&P 500 via UBS

By Jennifer Chiou

New York, June 25 - Barclays Bank plc plans to price 0% return optimization securities with partial protection due Jan. 29, 2010 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

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

Payout at maturity will be par plus two times any gain in the index. Investors will receive par for losses up to 10% and will share in any losses beyond 10%.

The securities will price on July 28 and settle on July 31.

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