Barclays plans one-year market plus notes linked to WTI crude oil

By Susanna Moon

Chicago, Aug. 14 - Barclays Bank plc plans to price 0% market plus notes due Sept. 3, 2014 linked to WTI crude oil, according to a 424B2 filing with the Securities and Exchange Commission.

If the price of WTI crude finishes at or above the 80% barrier level, the payout at maturity will be par plus the greater of any gain and the 9.51% contingent minimum return.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on Aug. 16 and settle on Aug. 21.

The Cusip number is 06741TD53.

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