Barclays to price Leveraged Index Return Notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., Aug. 30 - Barclays Bank plc plans to price 0% Leveraged Index Return Notes due September 2014 linked to a basket of three indexes, according to an FWP filing with the Securities and Exchange Commission.

Bank of America Merrill Lynch is the agent.

The basket consists of the S&P 500 index with a 45% weight, the MSCI EAFE index with a 27.5% weight and the MSCI Emerging Markets index with a 27.5% weight.

The payout at maturity will be par of $10 plus double any basket gain, subject to a maximum return of 18% to 22% that will be set at pricing. Investors will receive par if the basket falls by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

The notes are expected to price in September and settle in October.

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