Barclays plans to sell buffered SuperTrack notes linked to ETF basket

By Devika Patel

Knoxville, Tenn., July 5 – Barclays Bank plc plans to price buffered SuperTrack notes due July 11, 2019 linked to a basket of six exchange traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are the SPDR S&P 500 ETF with a 48% weight, SPDR S&P MidCap 400 ETF Trust with a 16% weight, iShares MSCI EAFE ETF with a 16% weight, iShares Russell 2000 ETF with a 10% weight, iShares MSCI Emerging Markets ETF with a 7% weight and iShares MSCI EAFE Small-Cap ETF with a 3% weight.

If the basket return is positive, the payout at maturity will be par plus double the basket gain, subject to a maximum return of 17.1%. Investors will receive par if the basket declines by up to 10% and will lose 1% for each 1% decline beyond 10%.

Barclays is the agent.

The notes (Cusip: 06741VZ62) will price on July 6 and settle on July 11.

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