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Published on 4/6/2011 in the Prospect News Structured Products Daily.

Barclays changes maturity of Super Track notes tied to Asian indexes

By Jennifer Chiou

New York, April 6 - Barclays Bank plc pushed back the maturity date of its planned 0% Super Track notes linked to a basket of three equally weighted indexes to April 30, 2015 from April 29, 2015, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the Hang Seng China Enterprises index, the Korea Composite Stock Price Index 200 and the MSCI Taiwan Price index.

The payout at maturity will still be par plus 1.9 times to 2 times any gain in the basket. The exact upside participation rate will be set at pricing. Investors will be exposed to any basket decline.

Barclays Capital Inc. is the agent for the notes (Cusip: 06738KGK1) set to price on April 26 and settle on April 29.


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