Barclays plans to price return enhanced notes linked to S&P 500

By Marisa Wong

Madison, Wis., Feb. 12 - Barclays Bank plc plans to price 0% return enhanced notes due March 5, 2014 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index.

Investors will share in any losses.

The final index level will be the average of the index's closing levels on the five trading days ending Feb. 28, 2014.

Barclays is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as dealers.

The notes are expected to price on Feb. 15 and settle on Feb. 21.

The Cusip number is 06741TPC5.

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