Barclays plans notes on Voyager and ComBATS excess return indexes

By Toni Weeks

San Diego, May 20 - Barclays Bank plc plans to price 0% notes due May 30, 2014 linked to an equally weighted basket consisting of the Barclays Capital Voyager II DJ-UBSCI Excess Return index and the Barclays Capital Commodity-Based Alpha Trading Strategy Volt 10 Excess Return index (ComBATS), according to a 424B2 filing with the Securities and Exchange Commission.

An intraday trigger event will occur when the intraday indicative value of the basket is less than 40% of the initial basket during the life of the notes.

If an intraday trigger event has not occurred, the payout at maturity will be par plus the basket return and less an adjustment fee of 5.75%.

If an intraday trigger even has occurred, the payout at maturity will be par plus the final intraday return, less the adjustment fee. The final intraday return is equal to the basket performance relative to the initial level on the trigger event date.

Under no circumstances will the payment at maturity be less than zero.

The notes (Cusip: 06738KKV2) are expected to price on May 25 and settle May 31.

Barclays Capital Inc. will be the agent.

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