Barclays plans to price capped leveraged notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Aug. 6 – Barclays Bank plc plans to price 13- to 16-month 0% capped leveraged notes 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 three times any index gain, subject to a maximum settlement amount that is expected to be $1,117.00 to $1,136.50 per $1,000 principal amount. If the index declines, investors will be fully exposed to the decline.

The exact maturity date and maximum settlement amount will be set at pricing.

Barclays is the agent.

The Cusip number is 06741UD76.

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