Barclays to price Super Track notes linked to two indexes, one ETF

By Jennifer Chiou

New York, Aug. 26 - Barclays Bank plc plans to price 0% Super Track Notes due Jan. 11, 2013 linked to a basket of two indexes and one exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 70% weight, the Russell 2000 index with a 10% weight and the iShares MSCI EAFE index fund with a 20% weight.

The payout at maturity will be par plus 107% to 112% of any basket gain. Investors will receive par if the basket declines by 20% or less and will lose 1% for each 1% that the basket declines beyond 20%.

The notes are expected to price on Sept. 25 and settle on Sept. 30.

Barclays Capital Inc. will be the agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.