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Published on 11/25/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $2.40 million capped return enhanced notes on S&P 500

New York, Nov. 25 – Barclays Bank plc priced $2.40 million of 0% capped return enhanced notes due Dec. 7, 2016 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 gain in the index, up to a maximum return of 15.03%. Investors will be exposed to all losses.

Barclays is the underwriter with J.P. Morgan Securities LLC as agent.

Issuer:Barclays Bank plc
Issue:Capped return enhanced notes
Underlying index:S&P 500
Amount:$2,404,000
Maturity:Dec. 7, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus three times index return, subject to 15.03% maximum return; if index return is negative, full exposure to decline
Initial level:2,089.17
Final level:Average of index’s closing levels on five trading days ending Dec. 2, 2016
Pricing date:Nov. 20
Settlement date:Nov. 25
Underwriter:Barclays
Placement agents:J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:1%
Cusip:06741UV27

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