Barclays plans capped leveraged buffered notes linked to S&P 500

By Jennifer Chiou

New York, Feb. 20 - Barclays Bank plc plans to price 0% capped leveraged buffered index-linked notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature between 18 and 21 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum payment of $1,100.50 to $1,130.50 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 7.5% and will lose 1.0811% for every 1% decline beyond 7.5%.

The Cusip is 06741T6F9.

Barclays is the agent.

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