Barclays plans buffered SuperTrack notes linked to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., June 13 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due July 24, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 2.5 times the return, up to a maximum payout of par plus 19%.

If the index return is flat or negative but the index declines by no more than the 5% buffer, the payout will be par. Investors will lose 1% for every 1% loss beyond the buffer.

Barclays is the agent.

The notes (Cusip: 06741V5E8) will price on June 21 and settle on June 24.

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