Barclays plans Super Track notes linked to Euro Stoxx 50 with barrier

By Angela McDaniels

Tacoma, Wash., May 13 – Barclays Bank plc plans to price 0% Super Track notes due Nov. 20, 2018 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 at least 1.5 times the index return. The exact upside leverage factor will be set at pricing. The payout will be par if the index falls by 15% or less. If it falls by more than 15%, investors will have full exposure to the index’s decline from its initial level.

Barclays is the agent.

The notes will price May 15 and settle May 20.

The Cusip number is 06741UWL4.

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