Barclays to price Buffered Super Track Notes linked to iShares MSCI Emerging Markets index fund

By Angela McDaniels

Tacoma, Wash., Aug. 25 - Barclays Bank plc plans to price 0% Buffered Super Track Notes due Sept. 29, 2011 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any increase in the fund's share price, subject to a maximum return of 21% to 33% that will be set at pricing. Investors will receive par if the share price declines by 20% or less and will be exposed to any decline beyond 20%.

The notes are expected to price Sept. 24 and settle Sept. 29.

Barclays Capital Inc. is 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.