By Susanna Moon
Chicago, July 9 - Barclays Bank plc priced $5.07 million of 0% leveraged buffered notes due April 20, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.3 times any gain in the index, up to a maximum payment of $1,200.20 for each $1,000 principal amount.
Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.
Barclays is the underwriter.
| Issuer: | Barclays Bank plc
|
| Issue: | Leveraged buffered notes
|
| Underlying index: | S&P 500
|
| Amount: | $5.07 million
|
| Maturity: | April 20, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.3 times any index gain, capped at 20.02%; par if index falls by up to 12.5%; 1.1429% loss per 1% drop beyond %
|
| Initial level: | 1,615.41
|
| Pricing date: | July 3
|
| Settlement date: | July 11
|
| Underwriter: | Barclays
|
| Fees: | None
|
| Cusip: | 06741TYM3
|
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