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Barclays to price SuperTrack notes tied to OMX Stockholm 30 index
By Marisa Wong
Morgantown, W.Va., Sept. 25 – Barclays Bank plc plans to price 0% SuperTrack notes due Oct. 1, 2019 linked to the FX adjusted performance of the OMX Stockholm 30 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 1.55 times the index return. If the index return is negative, investors will have one-to-one exposure to the decline.
The index return is calculated as (a) (i) the final index level times the final FX rate divided by (ii) the initial index level times the initial FX rate minus (b) 100%. The FX rate is the Swedish krona/U.S. dollar exchange rate.
Barclays is the agent.
The notes will price Sept. 26.
The Cusip number is 06744C3X7.
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