Barclays plans to price SuperTrack Notes tied to iShares MSCI Brazil

By Angela McDaniels

Tacoma, Wash., March 4 - Barclays Bank plc plans to price 0% SuperTrack Notes due Sept. 29, 2011 linked to the iShares MSCI Brazil index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any increase in the fund's share price, subject to a maximum return of 32.7% to 36.7% that will be set at pricing. Investors will be exposed to any share price decline.

The notes are expected to price March 26 and settle March 31.

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.