Barclays to price buffered Super Track notes linked to gold fund

By Toni Weeks

San Diego, Oct. 4 - Barclays Bank plc plans to price 0% buffered Super Track notes due Oct. 31, 2014 linked to the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus double the fund return, capped at a maximum return of 22.5% to 25%. The exact maximum return will be set at pricing.

Investors will receive par if the fund falls by up to 15% and will be exposed to any losses beyond the 15% buffer.

The notes (Cusip: 06741THP5) are expected to price Oct. 26 and settle Oct. 31.

Barclays is the agent.

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