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Published on 4/29/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.1 million buffered Super Track notes on S&P 500

By Marisa Wong

Madison, Wis., April 29 - Barclays Bank plc priced $4.1 million of 0% buffered Super Track notes due July 7, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, capped at 8%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P 500 index
Amount:$4.1 million
Maturity:July 7, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 8%; par if index falls by up to 10%; exposure to losses beyond buffer
Initial level:1,582.24
Pricing date:April 26
Settlement date:May 1
Agent:Barclays
Fees:0.25%
Cusip:06741TTX5

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