New Issue: Barclays prices $6 million buffered Super Track notes linked to SPDR S&P 500 ETF Trust

By Jennifer Chiou

New York, Nov. 16 - Barclays Bank plc priced $6 million of 0% buffered Super Track notes due Jan. 16, 2015 linked to the SPDR S&P 500 ETF Trust, 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 200% of the fund return, subject to a maximum return of 20.5%.

Investors will receive par if the fund falls by up to 18% and will share in losses at a rate of 1.2195% per 1% decline beyond the buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered Super Track notes
Underlying fund:	SPDR S&P 500 ETF Trust
Amount:	$6 million
Maturity:	Jan. 16, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus 200% of fund return, capped at 20.5%; par if fund declines by up to 18%; exposure to losses at rate of 1.2195% per 1% decline beyond the buffer
Initial price:	$137.80
Pricing date:	Nov. 13
Settlement date:	Nov. 16
Agent:	Barclays
Fees:	0.25%
Cusip:	06741TKN6

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