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Barclays plans 18-month buffered SuperTrack notes linked to S&P 500
By Susanna Moon
Chicago, March 15 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Sept. 20, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 10.75%.
Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index may decline beyond 10%.
Barclays is the agent.
The notes will price on March 17 and settle on March 22.
The Cusip number is 06741VNV0.
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