By Marisa Wong
Madison, Wis., Dec. 31 - Barclays Bank plc priced $7.96 million of 0% Performance Leveraged Upside Securities due Jan. 30, 2015 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10.00 plus 300% of any gain in the fund, up to a maximum payment of $12.20 per note.
Investors will be fully exposed to losses.
Barclays is the agent with Morgan Stanley Wealth Management as the dealer.
Issuer: | Barclays Bank plc
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Issue: | Performance Leveraged Upside Securities
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Underlying fund: | WisdomTree Japan Hedged Equity fund
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Amount: | $7,963,800
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Maturity: | Jan. 30, 2015
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any fund gain, capped at 22%; full exposure to losses if fund drops below initial level
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Initial price: | $50.20
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Pricing date: | Dec. 27
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Settlement date: | Jan. 2
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Agent: | Barclays with Morgan Stanley Wealth Management as dealer
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Fees: | 2%
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Cusip: | 06742E281
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