Barclays plans buffered SuperTrack notes linked to index, ETF basket

By Marisa Wong

Morgantown, W.Va., Feb. 9 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Aug. 14, 2019 linked to an equally weighted basket of the Russell 2000 index and the iShares MSCI EAFE exchange traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 1.05 times the basket gain, subject to a maximum return of 61%. Investors will receive par if the basket declines by up to 15% and will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

The notes will price on Feb. 10.

The Cusip number is 06741VKP6.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.