Barclays to price 80% protected notes due 2017 linked to S&P 500

By Jennifer Chiou

New York, April 4 - Barclays Bank plc plans to price 0% notes due April 28, 2017 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 negative 20%, the payout at maturity will be par plus any gain in the index, subject to a maximum return of 30%.

Investors will receive at least 80% of par.

The notes (Cusip: 06741TSD0) will price on April 25 and settle on April 30.

Barclays is the underwriter.

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