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Published on 9/30/2013 in the Prospect News Structured Products Daily.

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

By Angela McDaniels

Tacoma, Wash., Sept. 30 - Barclays Bank plc plans to price 0% buffered Super Track notes due Oct. 15, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's return is greater than zero, the payout at maturity will be par plus the lesser of the index's return and the maximum return, which is expected to be 10.15% to 11.15% and will be set at pricing. If the index's return is zero to negative 20%, the payout will be par. If the index's return is less than negative 20%, investors will lose 1% for every 1% that the index declines beyond 20%.

Barclays is the agent.

The notes are expected to price Oct. 9 and settle Oct. 15.

The Cusip number is 06741TP50.


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