Barclays plans two-year buffered SuperTrack notes on SPDR S&P Oil

By Susanna Moon

Chicago, July 11 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Aug. 5, 2020 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 34% to 36%.

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 31.

The Cusip number is 06746XHM8.

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