New Issue: Barclays prices $2 million capped market plus notes tied to General Electric

By Susanna Moon

Chicago, Nov. 27 - Barclays Bank plc priced $2 million of 0% capped market plus notes due May 28, 2015 linked to General Electric Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If General Electric stock finishes at or above the 80% barrier level, the payout at maturity will be par plus the greater of any gain up to a maximum return of 15% and a digital return of 5%.

Otherwise, the payout at maturity will be par plus the stock return with exposure to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped market plus notes
Underlying stock:	General Electric Co. (NYSE: GE)
Amount:	$2 million
Maturity:	May 28, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If General Electric stock finishes at or above barrier level during life of notes, par plus any gain, capped at 15% and floor of 5%; otherwise, par plus return, with exposure to losses
Initial level:	$26.91
Barrier level:	$21.53, 80% of initial price
Pricing date:	Nov.
Settlement date:	Nov.
Agent:	Barclays
Fees:	1%
Cusip:	06741J5K1

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