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Barclays to price Buffered Super Track notes linked to Brent crude oil
By Jennifer Chiou
New York, June 29 - Barclays Bank plc plans to price 0% Buffered Super Track Notes due July 25, 2012 linked to the price of Brent crude oil, according to an FWP filing with the Securities and Exchange Commission.
The notes will price on July 20 and settle on July 25.
The payout at maturity will be par plus 150% of any increase in the price of Brent crude oil. Investors will receive par if the price declines by 25% or less and will lose 1% for each 1% decline beyond 25%.
Barclays Capital will be the agent.
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