Barclays plans buffered Super Track notes on S&P GSCI Excess Return

By Marisa Wong

Madison, Wis., Sept. 10 - Barclays Bank plc plans to price 0% buffered Super Track notes due March 17, 2014 linked to the S&P GSCI Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index gain, subject to a maximum return of 10% to 13% that will be set at pricing.

Investors will receive par if the index stays flat or falls by up to 20% and will lose 1% for every 1% decline beyond the 20% buffer.

The notes (Cusip: 06741TFX0) are expected to price Sept. 12 and settle Sept. 17.

Barclays is the agent.

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