New Issue: Barclays prices $7.99 million market plus notes linked to oil

By Angela McDaniels

Tacoma, Wash., March 18 - Barclays Bank plc priced $7.99 million of 0% market plus notes due May 26, 2015 linked to WTI crude oil, according to a 424B2 filing with the Securities and Exchange Commission.

If the final price of oil is greater than or equal to the barrier level, 82.5% of the initial price, the payout at maturity will be par plus the greater of 10% and the oil return. Otherwise, investors will be fully exposed to losses.

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

Issuer:	Barclays Bank plc
Issue:	Market plus notes
Underlying commodity:	WTI crude oil
Amount:	$7,985,000
Maturity:	May 26, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If oil finishes at or above barrier level, par plus greater of 10% and oil return; otherwise, full exposure to losses
Initial oil price:	$98.89
Final oil price:	Average of official settlement prices on May 14, 2015, May 15, 2015, May 18, 2015, May 19, 2015 and May 20, 2015
Barrier level:	$81.68, 82.6% of initial price
Pricing date:	March 14
Settlement date:	March 19
Underwriter:	Barclays
Dealers:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.2%
Cusip:	06741UAG9

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