Barclays to price Super Track notes with 80% barrier linked to S&P 500

By Toni Weeks

San Luis Obispo, Calif., May 13 - Barclays Bank plc plans to price 0% Super Track notes due May 2015 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 any gain in the index, up to a maximum return of 23% to 33%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 20% and will be fully exposed to any losses if the index finishes below the 80% barrier level.

Barclays is the underwriter.

The notes will price and settle in May.

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