Barclays plans to price capped return enhanced notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Nov. 18 – Barclays Bank plc plans to price 0% capped return enhanced notes due Dec. 7, 2016 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par three two times the index return, subject to a maximum return of 15.03%. If the index return is negative, investors will be fully exposed to the decline.

Barclays is the underwriter with J.P. Morgan Securities LLC as agent.

The notes will price Nov. 20.

The Cusip number is 06741UV27.

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