New Issue: Barclays prices $34.35 million capped leveraged notes tied to S&P 500

By Marisa Wong

Madison, Wis., March 30 – Barclays Bank plc priced $34.35 million of 0% Capped Leveraged Index Return Notes due March 31, 2017 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain, capped at 13.2%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BofA Merrill Lynch is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Capped Leveraged Index Return Notes
Underlying index:	S&P 500
Amount:	$34,354,730
Maturity:	March 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any index gain, capped at 13.2%; par if index falls by up to 10%; 1% loss per 1% drop beyond 10%
Initial index level:	2,056.15
Threshold value:	1,850.54, 90% of initial level
Pricing date:	March 26
Settlement date:	April 2
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	06743N827

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