Barclays to price buffered iSuper Track notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 5 - Barclays Bank plc plans to price buffered iSuper Track notes due Oct. 20, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Noteholders will receive a periodic amount each year that is expected to be $10 to $15 per note.

If the final index level is greater than the initial level, the payout at maturity will be par plus the index return. Investors will receive par if the index declines by 20% or less and will lose 1% for each 1% that it declines beyond 20%.

The notes (Cusip: 06738KWK3) will price Oct. 17 and settle Oct. 20.

Barclays Capital Inc. is the agent.

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