Barclays to price one-year Accelerated Return Notes linked to Ford

By Toni Weeks

San Luis Obispo, Calif., May 14 – Barclays Bank plc plans to price 0% Accelerated Return Notes due June 2016 linked to the common stock of Ford Motor Co., according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the share price, up to a maximum return of 21% to 25%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

The notes will price in May and settle in June.

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