By Susanna Moon
Chicago, June 9 - Barclays Bank plc priced $4.66 million of 0% buffered return enhanced notes due Dec. 13, 2012 linked to the S&P GSCI Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.18 times any index gain, up to a maximum return of 23.6%.
Investors will receive par if the index falls by up to 20% and will share fully in losses if the index declines beyond 20%.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.
Issuer: | Barclays Bank plc
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Issue: | Buffered return enhanced notes
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Underlying index: | S&P GSCI Index Excess Return
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Amount: | $4.66 million
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Maturity: | Dec. 13, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 118% of any index gain, capped at 23.6%; par for losses up to 20%; full exposure to losses if index falls beyond 20%
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Initial index level: | 512.4476
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Pricing date: | June 7
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Settlement date: | June 14
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Agents: | JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
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Fees: | None
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Cusip: | 06738KLZ2
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