Barclays plans two-year buffered Super Track notes on S&P 500 index

By Marisa Wong

Morgantown, W.Va., Oct. 25 – Barclays Bank plc plans to price 0% buffered Super Track notes due Nov. 1, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times the index gain, subject to a maximum return of 15.5%.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond the 20% buffer.

Barclays is the agent.

The notes will price on Oct. 26.

The Cusip number is 06741VDH2.

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