Barclays plans to price two-year notes linked to S&P 500 index

By Jennifer Chiou

New York, Oct. 22 - Barclays Bank plc plans to price medium-term notes due Nov. 23, 2011 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any increase in the index, subject to the minimum coupon percentage return of 17% to 22% that will be set at pricing. Investors will share in any losses.

The notes will price on Nov. 20 and settle on Nov. 25.

Barclays Capital Inc. is the agent.

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