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Barclays plans SuperTrack notes due 2020 linked to Stoxx 50, S&P 500
By Susanna Moon
Chicago, May 11 – Barclays Bank plc plans to price 0% SuperTrack notes due Dec. 3, 2020 linked to the lesser performing of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes above its initial level, the payout at maturity will be par plus 1.77 to 1.82 times the return of the worse performing index.
Investors will receive par if each index falls by no more than 40% and will be fully exposed to any losses of the worse performing index if either index finishes below its 60% barrier.
Barclays is the agent.
The notes will price on May 30 and settle on June 2.
The Cusip number is 06741VV41.
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