New Issue: Barclays prices $59.5 million Accelerated Return Notes linked to Amazon

By Angela McDaniels

Tacoma, Wash., June 2 - Barclays Bank plc priced $59.5 million of 0% Accelerated Return Notes due June 15, 2015 linked to the common stock of Amazon.com, Inc. via BofA Merrill Lynch, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than the initial share price, the payout at maturity will be par of $10 plus 300% of the stock return, subject to a maximum return of 21%. If the final share price is less than the initial share price, investors will have one-to-one exposure to the decline.

Issuer:	Barclays Bank PLC
Issue:	Accelerated Return Notes
Underlying stock:	Amazon.com, Inc. (Symbol: AMZN)
Amount:	$59,498,760
Maturity:	June 15, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final share price is greater than initial share price, par plus 300% of stock return, subject to 21% maximum return; if final share price is less than initial share price, full exposure to decline
Initial share price:	$313.21, equal to volume-weighted average price on pricing date
Pricing date:	May 29
Settlement date:	June 5
Agent:	BofA Merrill Lynch
Fees:	1.75%
Cusip:	06742K311

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