Barclays plans capped return enhanced notes linked to Russell 2000

By Marisa Wong

Madison, Wis., April 30 – Barclays Bank plc plans to price 0% capped return enhanced notes due May 18, 2016 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the index return, subject to a maximum return of 17%. If the index return is negative, investors will be fully exposed to the decline.

Barclays is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents.

The notes are expected to price May 1 and settle May 6.

The Cusip number is 06741UVD3.

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