New Issue: Barclays prices $5.09 million market plus notes linked to Verizon

By Toni Weeks

San Luis Obispo, Calif., March 4 - Barclays Bank plc priced $5.09 million of 0% market plus notes due March 18, 2015 linked to Verizon Communications Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If Verizon stock finishes at or above the 90% barrier level, the payout at maturity will be par plus the greater of any gain and a digital return of 4.9%.

Otherwise, the payout at maturity will be par plus the stock return with exposure to any losses.

The final stock price will be the average of the closing share prices on the five trading dates ending March 13, 2015.

Barclays is the underwriter, and JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:	Barclays Bank plc
Issue:	Market plus notes
Underlying stock:	Verizon Communications Inc. (Symbol: VZ)
Amount:	$5,085,000
Maturity:	March 18, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If Verizon stock finishes at or above barrier level, par plus any gain, with a floor of 4.9%; otherwise, par plus return, with exposure to losses
Initial level:	$47.58
Barrier level:	$42.82, 90% of initial price
Pricing date:	Feb. 28
Settlement date:	March 5
Underwriter:	Barclays with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents
Fees:	1%
Cusip:	06741T6T9

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