New Issue: Barclays prices $41.28 million capped leveraged buffered notes on S&P 500

By Susanna Moon

Chicago, Sept. 29 – Barclays Bank plc priced $41.28 million of 0% capped leveraged buffered index-linked notes due Sept. 30, 2016 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any index gain, up to a maximum payout of $11.216 per note.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$41,278,010
Maturity:	Sept. 30, 2016
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 200% of any index gain, capped at 12.16%; par if index falls by up to 10%; 1% loss per 1% drop beyond 10%
Initial index level:	1,965.99
Buffer level:	1,769.39, 90% of initial level
Pricing date:	Sept.
Settlement date:	Sept.
Underwriter:	Barclays
Fees:	2%
Cusip:	06742W117

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