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Published on 9/25/2012 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $66.86 million market plus notes tied to Euro Stoxx 50

By Jennifer Chiou

New York, Sept. 25 - Barclays Bank plc priced $66,857,000 of 0% market plus notes due March 26, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes below the barrier level, 80% of the initial index level, the payout at maturity will be par plus the index return, with full exposure to any losses.

Otherwise, investors will receive par plus the greater of 7.45% and the index return.

Barclays is the agent, and JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are dealers.

Issuer:Barclays Bank plc
Issue:Market plus notes
Underlying index:Euro Stoxx 50
Amount:$66,857,000
Maturity:March 26, 2014
Coupon:0%
Price:Par
Payout at maturity:If index's closing level finishes below the barrier level, investors will share in any losses; otherwise, par plus greater of 7.45% and the index return
Initial index level:2,577.08
Barrier level:2,061.66, 80% of initial index level
Pricing date:Sept. 21
Settlement date:Sept. 26
Agent:Barclays
Dealers:JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:1.25%
Cusip:06741TGU5

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