New Issue: Barclays prices $1.31 million return enhanced notes linked to S&P 500

By Susanna Moon

Chicago, Sept. 17 - Barclays Bank plc priced $1.31 million of 0% return enhanced notes due Oct. 1, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 16.6%.

Investors will be exposed to any losses.

Barclays is the agent with JPMorgan Chase Bank, NA and JPMorgan Securities LLC as the placement agents.

Issuer:	Barclays Bank plc
Issue:	Return enhanced notes
Underlying index:	S&P 500 index
Amount:	$1.31 million
Maturity:	Oct. 1, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 16.6%; exposure to any losses
Initial level:	1,687.99
Pricing date:	Sept. 13
Settlement date:	Sept. 18
Agent:	Barclays with JPMorgan Chase Bank, NA and JPMorgan Securities LLC as placement agents
Fees:	1%
Cusip:	06741TK55

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