Barclays to price Buffered Super Track Notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., March 23 - Barclays Bank plc plans to price 0% Buffered Super Track Notes due April 20, 2012 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 index gain, subject to a maximum return that is expected to be 58% to 68% and will be set at pricing. Investors will receive par if the index falls by 25% or less and will lose 1% for each 1% decline beyond 25%.

The notes will price April 17 and settle April 22.

Barclays Capital Inc. is the agent.

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