Barclays plans Super Track notes due 2017 linked to Euro Stoxx 50

By Jennifer Chiou

New York, Oct. 3 - Barclays Bank plc plans to price 0% Super Track notes due April 28, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus (a) the leverage factor multiplied by (b) the index return. The leverage factor is expected to be at least 1.425 times and will be set at pricing.

If the final index level is less than or equal to the initial level but equal to or greater than the barrier level, the payout will be par. The barrier level will be 75% of the initial level.

If the final level is less than the barrier level, investors will have full exposure to the index's decline from its initial level.

The notes (Cusip: 06741TQ83) are expected to price on Oct. 28 and settle on Oct. 31.

Barclays is the agent.

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