Barclays plans return enhanced notes with 33.4% cap tied to Hang Seng

By Susanna Moon

Chicago, Feb. 14 - Barclays Bank plc plans to price 0% return enhanced notes due March 5, 2014 linked to the Hang Seng China Enterprises index and the dollar per offshore Chinese Renminbi exchange rate, according to a 424B2 filing 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 33.4%.

Investors will share in any losses.

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

The notes will price on Feb. 19 and settle on Feb. 22.

The Cusip number is 06741TPG6.

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