Barclays plans to price digital notes due 2015 linked to WTI crude oil

By Jennifer Chiou

New York, March 26 - Barclays Bank plc plans to price 0% digital notes due June 8, 2015 linked to the WTI crude oil futures contract, according to an FWP with the Securities and Exchange Commission.

If the price of WTI crude oil finishes at or above 81.1% of the initial price, the payout at maturity will be par plus the digital return of 10%.

Otherwise, investors will share in losses.

The notes (Cusip: 06741UAV6) are expected to price on March 28 and settle on April 2.

Barclays is the underwriter with JPMorgan as placement agent.

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