Barclays plans buffered Super Track notes linked to indexes, funds

By Susanna Moon

Chicago, Aug. 13 - Barclays Bank plc plans to price 0% buffered Super Track notes due Sept. 8, 2017 linked to a basket of indexes and funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with 34.5% weight, the iShares MSCI EAFE index fund with a 9% weight, the Russell 2000 index with 8% weight, PowerShares DB Commodity Index Tracking Fund with 8% weight, iShares iBoxx $ Investment Grade Corporate Bond Fund with 7% weight, iShares MSCI Japan index fund with 7% weight, Consumer Staples Select Sector SPDR Fund with 5% weight, iShares Dow Jones Select Dividend index fund with 5% weight, iShares MSCI Emerging Markets index fund with 5% weight, Health Care Select Sector SPDR Fund with 4% weight, PowerShares QQQ Trust, Series 1 with 4% weight and iShares Barclays Treasury Inflation Protected Securities Bond Fund with 3.5% weight.

The payout at maturity will be par plus any basket gain.

Investors will receive par if the basket falls by up to the 32% to 38% buffer and will lose 1% for every 1% decline beyond the buffer, with the exact percentage to be set at pricing.

Barclays Capital Inc. is the agent.

The notes will price on Sept. 4 and settle on Sept. 7.

The Cusip number is 06741TEF0.

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