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

By Angela McDaniels

Tacoma, Wash., July 23 - Barclays Bank plc plans to price 0% buffered Super Track notes due Aug. 14, 2012 linked to S&P GSCI Crude Oil Excess Return 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 of 50% to 60% 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 notse (Cusip 06740PHB5) will price Aug. 9 and settle Aug. 12.

Barclays Capital Inc. is the agent.

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