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

By Marisa Wong

Madison, Wis., Oct. 3 - Barclays Bank plc plans to price 0% Super Track notes due April 29, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 130% to 140% of the index return. The exact participation rate will be determined at pricing.

Investors will receive par if the index stays flat or falls by up to 30% and will lose 1% for every 1% drop below the initial level if the index return is less than negative 30%.

The notes (Cusip: 06741THS) are expected to price Oct. 26 and settle Oct. 31.

Barclays is the agent.

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