Barclays plans return optimization notes with cap linked to S&P 500

By Susanna Moon

Chicago, Dec. 2 – Barclays Bank plc plans to price 0% return optimization securities due Jan. 31, 2017 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 of $10 plus triple any gain in the index, up to a maximum return of 10% to 13%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

UBS Financial Services Inc. and Barclays are the agents.

The notes will price on Dec. 28 and settle on Dec. 31.

The Csuip number is 06743T675.

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