New Issue: Barclays prices $28.81 million 10% Yeelds linked to Schlumberger

By Susanna Moon

Chicago, Dec. 18 – Barclays Bank plc priced $28.81 million of 10% annualized Yield Enhanced Equity Linked Debt Securities due June 22, 2015 linked to Schlumberger NV shares, according to a 424B2 filing with the Securities and Exchange Commission.

Each note has a face value of $80.84.

Interest is payable monthly.

The payout at maturity will be an amount equal to the volume-weighted average price of Schlumberger stock on June 15, 2015, up to a cap of 114.4% of par. The amount is payable in cash or Lam Research stock at the issuer's option.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Yield Enhanced Equity Linked Debt Securities
Underlying stock:	Schlumberger NV (Symbol: SLB)
Amount:	$28,805,555.52
Maturity:	June 22, 2015
Coupon:	10%, payable monthly
Price:	Par of $80.84
Payout at maturity:	Volume-weighted average price of Schlumberger stock on June 15, 2015, to the equity cap price, payable in cash or Schlumberger stock
Initial share price:	$80.84
Equity cap price:	$92.48096, or 114.4% of initial share price
Pricing date:	Dec. 15
Settlement date:	Dec. 22
Agent:	Barclays
Fees:	None
Cusip:	06742Y170

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