New Issue: Barclays prices $13.42 million leveraged buffered notes tied to S&P 500

By Susanna Moon

Chicago, Nov. 18 – Barclays Bank plc priced $13.42 million of 0% capped leveraged buffered index-linked notes due Nov. 17, 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 plus 1.3 times any index gain, up to a maximum payout of $1,221 per $1,000 note.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$13,416,000
Maturity:	Nov. 17, 2016
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 130% of any index gain, capped at 22.1%; par if index falls by up to 12.5%; 1.1429% loss per 1% drop beyond 12.5%
Initial index level:	2,039.82
Buffer amount:	12.5%
Pricing date:	Nov. 14
Settlement date:	Nov. 21
Underwriter:	Barclays
Fees:	None
Cusip:	06741ULW2

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