Barclays plans buffered Super Track notes linked to S&P 500 index

By Jennifer Chiou

New York, Nov. 19 - Barclays Bank plc plans to price 0% buffered Super Track notes due Nov. 27, 2015 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.36 times any index gain.

Investors will receive par if the index declines by up to 30% and will lose 1.4286% for every 1% decline beyond 30%.

The notes (Cusip: 06740PP59) will price on Nov. 22 and settle on Nov. 26.

Barclays Capital Inc. is the agent.

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