Barclays changes maturity of Buffered Super Track Notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 14 - Barclays Bank plc changed the maturity date of its planned 0% Buffered Super Track Notes linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will now mature April 27, 2011 instead of March 28, 2011.

The payout at maturity will be par plus 200% of any increase in the index, subject to a maximum return of 13% to 16% that will be set at pricing. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

The notes will price Oct. 23 and settle Oct. 28.

Barclays Capital Inc. is the agent.

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