Barclays plans buffered Super Track notes linked to Dow Jones, Russell

By Tali Rackner

Norfolk, Va., Nov. 4 – Barclays Bank plc plans to price 0% buffered Super Track notes due May 30, 2019 linked to the lesser performing of the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the lesser-performing index is positive, the payout at maturity will be par plus 1.25 times to 1.3 times the lesser-performing index’s return. The exact amount will be set at pricing.

Investors will receive par if the lesser-performing index declines by up to the 15% buffer and will lose 1% for each 1% that the lesser-performing index declines beyond the buffer.

Barclays is the agent.

The notes will price on Nov. 24 and settle on Nov. 30.

The Cusip number is 06741US39.

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