New Issue: Barclays prices $1.03 million contingent buffered return notes tied to Wells Fargo

By Toni Weeks

San Diego, July 31 - Barclays Bank plc priced $1.03 million of 0% contingent buffered return enhanced notes due Aug. 14, 2013 linked to Wells Fargo & Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If Wells Fargo stock finishes at or above the 70% trigger level, the payout at maturity will be par plus the maximum return of 8.05%.

Otherwise, investors will be fully exposed to all losses.

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

Issuer:	Barclays Bank plc
Issue:	Contingent buffered return enhanced notes
Underlying stock:	Wells Fargo & Co. (Symbol: WFC)
Amount:	$1,029,000
Maturity:	Aug. 14, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If stock finishes at or above 70% trigger level, par plus stock return, with maximum return of 8.05%; otherwise, full exposure to losses
Initial share price:	$34.19
Pricing date:	July 27
Settlement date:	Aug. 1
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	06741TDL8

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