Barclays plans Super Track notes due 2018 linked to Asian index basket

By Susanna Moon

Chicago, Feb. 28 - Barclays Bank plc plans to price 0% Super Track notes due March 2018 linked to a basket of equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying indexes are the Hang Seng China Enterprises index, the Hang Seng index, the MSCI Taiwan Price index and the MSCI Singapore index.

The payout at maturity will be par plus 1.8 times to 2 times any basket gain, with the exact upside leverage factor to be set at pricing.

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

Barclays is the agent.

The notes will price and settle in March.

The Cusip number is 06741TPV3.

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