Published on 9/29/2009 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1 million Buffered Super Track notes linked to S&P MidCap 400
New York, Sept. 29 - Barclays Bank plc priced $1 million of 0% Buffered Super Track note notes due Oct. 28, 2010 linked to S&P MidCap 400 shares, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, capped at 15%. Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
Barclays Capital is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Buffered Super Track note notes
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| Underlying stock: | S&P MidCap 400
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| Amount: | $1 million
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| Maturity: | Oct. 28, 2010
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any index gain, capped at 15%; par if index declines by 15% or less; 1% loss for every 1% decline beyond 15%
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| Initial price: | $678.31
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| Pricing date: | Sept. 25
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| Settlement date: | Sept. 30
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| Agent: | Barclays Capital
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