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Barclays plans buffered SuperTrack notes due 2021 on SPDR S&P Oil
By Susanna Moon
Chicago, July 11 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Jan. 29, 2021 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any fund gain, up to a maximum return of 37% to 39%.
Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond the 10% buffer.
Barclays is the agent.
The notes will price on July 26.
The Cusip number is 06746XHL0.
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