Barclays plans to price buffered Super Track notes linked to S&P 500

By Jennifer Chiou

New York, Oct. 4 - Barclays Bank plc plans to price 0% buffered Super Track notes due April 22, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus double the index return, subject to a maximum return of at least 16.5% and up to 20.5%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

The notes (Cusip: 06738KWS6) will price on Oct. 17 and settle on Oct. 20.

Barclays Capital Inc. is the agent.

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