Barclays plans 0% one-year return enhanced notes linked to S&P 500

By Susanna Moon

Chicago, Nov. 6 - Barclays Bank plc plans to price 0% return enhanced notes due Nov. 26, 2014 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 15%.

Investors will be fully exposed to any losses.

Barclays is the underwriter with J.P. Morgan Securities LLC as placement agent.

The notes will price on Nov. 8 and settle on Nov. 14.

The Cusip number is 06741TW94.

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