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

By Jennifer Chiou

New York, June 6 - Barclays Bank plc plans to price 0% buffered Super Track notes due June 18, 2015 linked to the S&P 500 index, 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 200% of the index return, subject to a maximum return of 12.35% to 13.15% that will be determined at pricing.

Investors will receive par if the index stays flat or falls by up to 15% and will lose 1% for every 1% drop below the initial level if the index return is less than negative 15%.

The notes (Cusip: 06741TWV5) are expected to price on June 13 and settle on June 18.

Barclays is the agent.

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