New Issue: Barclays prices $3.29 million capped leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., April 7 – Barclays Bank plc priced $3.29 million of 0% capped leveraged buffered notes due April 6, 2017 linked 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 1.5 times any index gain, up to a maximum payout of $1,175.50 per $1,000 note. Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% that it declines beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$3,285,000
Maturity:	April 6, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, subject to 17.55% maximum return; par if index falls by up to 10%; 1.1111% loss per 1% drop beyond 10%
Initial index level:	2,066.96
Pricing date:	April 2
Settlement date:	April 13
Underwriter:	Barclays
Fees:	2%
Cusip:	06741UTR5

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