Barclays plans return enhanced notes linked to S&P 500 via JPMorgan

By Susanna Moon

Chicago, March 3 - Barclays Bank plc plans to price 0% return enhanced notes due March 21, 2012 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of at least 18.28%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.

The notes will price on March 4 and settle on March 9.

The Cusip is 06738KDW8.

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