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Published on 5/6/2011 in the Prospect News Structured Products Daily.

Barclays plans five-year buffered Super Track notes on Dow Industrials

By Susanna Moon

Chicago, May 6 - Barclays Bank plc plans to price 0% buffered Super Track notes due May 31, 2016 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain.

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

Barclays Capital Inc. is the agent.

The notes will price on May 25 and settle on May 31.

The Cusip is 06738KJX0.


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