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Published on 11/7/2012 in the Prospect News Structured Products Daily.

Barclays plans Super Track notes with 80% trigger on SPDR S&P MidCap

By Susanna Moon

Chicago, Nov. 7 - Barclays Bank plc plans to price 0% Super Track notes due Nov. 28, 2014 linked to the SPDR S&P MidCap 400 exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 19% to 24%.

Investors will receive par if the shares fall by up to 20% and will be fully exposed to any losses if the fund finishes below the 80% barrier level.

Barclays is the agent.

The notes will price on Nov. 27 and settle on Nov. 30.

The Cusip number is 06741TKD8.


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