Barclays plans to price buffered SuperTrack notes linked to Russell

By Devika Patel

Knoxville, Tenn., July 5 – Barclays Bank plc plans to price buffered SuperTrack notes due July 11, 2019 linked to the Russell 2000 index, according to an 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus double the index return, subject to a maximum payout of $1,245 per $1,000 of notes. If the index return is flat or declines by up to 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Barclays is the agent.

The notes (Cusip: 06741VZ70) will price on July 6 and settle on July 11.

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