By Angela McDaniels
Tacoma, Wash., June 29 - Barclays Bank plc priced $4.76 million of 0% performance securities with contingent protection due June 30, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 134% of the gain.
If the index return is between zero and negative 50%, the payout will be par.
If the index return is less than negative 50%, the payout will be par plus the index return.
UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.
| Issuer: | Barclays Bank plc
|
| Issue: | Performance securities with contingent protection
|
| Underlying index: | S&P 500 index
|
| Amount: | $4,758,240
|
| Maturity: | June 30, 2015
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 134% of any index gain; par if index return is between zero and negative 50%; par plus index return if index return is less than negative 50%
|
| Initial index level: | 1,076.76
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Underwriters: | UBS Financial Services Inc. and Barclays Capital Inc.
|
| Fees: | 3.5%
|
| Cusip: | 06740C345
|
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