New Issue: Barclays prices $9.76 million capped leveraged notes linked to S&P 500

By Marisa Wong

Madison, Wis., March 20 - Barclays Bank plc priced $9.76 million of 0% capped leveraged index-linked notes due March 23, 2016 tied 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 plus triple the index return, subject to a maximum payout of $1,210 per $1,000 of notes.

Investors will receive be fully exposed to any index decline.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged index-linked notes
Underlying index:	S&P 500
Amount:	$9,758,000
Maturity:	March 23, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus triple index gain, capped at 21%; full exposure to losses
Initial index level:	1,872.25
Pricing date:	March 18
Settlement date:	March 25
Underwriter:	Barclays
Fees:	2%
Cusip:	06741T7L5

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