Barclays plans buffered Super Track notes tied to S&P GSCI Crude Oil

By Marisa Wong

Madison, Wis., Aug. 25 - Barclays Bank plc plans to price 0% buffered Super Track notes due Oct. 14, 2011 linked to the S&P GSCI Crude Oil Excess Return index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of at least 25% to 35% that will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

The notes (Cusip: 06740PMZ6) will price Sept. 9 and settle Sept. 14.

Barclays Capital Inc. is the agent.

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