Barclays Bank PLC announced today the automatic redemption of the iPath
Short Enhanced MSCI EAFE
Index Exchange Traded Note (ticker: MFSA) (the “ETNs”). The ETNs are being redeemed as the result of an automatic termination event occurring on September 10, 2013, the automatic termination date. As described in the prospectus, an automatic termination event occurs when the intraday indicative note value of the ETNs on any trading day is equal to or less than the automatic termination level of $37.50. Details of the automatic termination event are below.
Automatic Termination Date: September 10, 2013
Time of Automatic Termination Event: 1:47pm EST
Automatic Termination Level: $37.50
Holders of the ETNs on the automatic redemption date, which is the fifth business day following the automatic termination date, will receive a cash payment equal to the automatic redemption value.
Automatic Redemption Date: September 17, 2013
Automatic Redemption Value: $37.50
An investment in the ETNs involves significant risks and may not be suitable for all investors.
For more information on risks associated with the ETNs, please see "Selected Risk Considerations" below and the risk factors included in the relevant prospectus.
For more information regarding the automatic termination event, including how the automatic redemption value is determined, see the prospectus relating to the ETNs under the heading “Specific Terms of the ETNs—Automatic Termination Event.” The prospectus relating to the ETNs can be found on EDGAR, the SEC website, at:
. The prospectus is also available on the product website at
Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people. We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We’re one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management. Barclays offers premier investment banking products and services to its clients through Barclays Bank PLC. For more information, visit
Selected Risk Considerations
An investment in the iPath ETNs described herein (the “ETNs”) involves risks. Selected risks are summarized here, but we urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement and pricing supplement.