By Susanna Moon
Chicago, July 10 – Barclays Bank plc priced $5.95 million of 0% Accelerated Return Notes due Aug. 28, 2015 linked to a basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 60% weight and the Euro Stoxx 50 index with a 40% weight.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 10.5%.
Investors will be exposed to any losses.
BofA Merrill Lynch is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Accelerated Return Notes
|
| Underlying basket: | S&P 500 index (60% weight) and Euro Stoxx 50 index (40% weight)
|
| Amount: | $5,954,330
|
| Maturity: | Aug. 28, 2015
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any basket gain, capped at 10.5%; exposure to any losses
|
| Initial index level: | 3,184.38
|
| Pricing date: | July 8
|
| Settlement date: | July 15
|
| Agent: | BofA Merrill Lynch
|
| Fees: | 2%
|
| Cusip: | 06742W851
|
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