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Published on 11/26/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $5.28 million capped leveraged notes on Russell 2000

By Jennifer Chiou

New York, Nov. 26 – Barclays Bank plc priced $5,276,000 of 0% capped leveraged index-linked notes due Nov. 30, 2016 tied to the Russell 2000 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, up to a maximum payout of $1,270 per $1,000 note.

Investors will share in any losses.

Barclays is the underwriter.

Issuer:Barclays Bank plc
Issue:Capped leveraged index-linked notes
Underlying index:Russell 2000
Amount:$5,276,000
Maturity:Nov. 30, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 27%; exposure to losses
Initial index level:1,186.94
Pricing date:Nov. 24
Settlement date:Dec. 2
Underwriter:Barclays
Fees:2%
Cusip:06741ULZ5

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