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Published on 8/8/2019 in the Prospect News Structured Products Daily.

Barclays plans to price buffered SuperTrack notes linked to S&P, Dow

By Angela McDaniels

Tacoma, Wash., Aug. 8 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Aug. 12, 2022 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index’s return is positive, the payout at maturity will be par plus the lesser-performing index’s return, subject to a maximum return of 40%.

If the lesser-performing index’s return is less than or equal to zero but greater than or equal to negative 25%, the payout will be par.

If the lesser-performing index’s return is less than negative 25%, investors will lose 1% for each 1% that the index may decline beyond 25%.

Barclays is the agent.

The notes will price Aug. 9.

The Cusip number is 06747NDA9.


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