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Published on 9/22/2014 in the Prospect News Structured Products Daily.

Barclays plans buffered Super Track notes linked to Euro Stoxx 50

By Jennifer Chiou

New York, Sept. 22 – Barclays Bank plc plans to price 0% buffered Super Track notes due March 24, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 125% of the index return, capped at 23.375%.

Investors will receive par if the index stays flat or falls by up to 10%. If the index falls by more than 10%, investors will lose 1.11111% for every 1% drop beyond the 10% buffer.

The notes (Cusip: 06741UKG8) will price on Sept. 23 and settle on Sept. 26.

Barclays is the agent.


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