E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/5/2012 in the Prospect News Structured Products Daily.

Barclays plans buffered Super Track digital notes tied to S&P 500

By Jennifer Chiou

New York, Jan. 5 - Barclays Bank plc plans to price 0% buffered Super Track digital notes due Jan. 31, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is flat or positive, the payout at maturity will be par the 13.75% to 18.75% digital percentage.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

The notes (Cusip: 06738KF63) are expected to price on Jan. 27 and settle on Jan. 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.