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

By Marisa Wong

Madison, Wis., April 5 - Barclays Bank plc plans to price 0% buffered Super Track digital notes due April 30, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to zero, the payout at maturity will be par plus the digital percentage, which is expected to be 18.75% to 21.5% and 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 notes (Cusip: 06738K2Y6) will price April 26 and settle April 30.

Barclays Capital Inc. is the agent.

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