Barclays to price buffered SuperTrack notes tied to S&P 500, Dow

By Marisa Wong

Morgantown, W.Va., Jan. 9 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due July 15, 2020 linked to the least performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

If each index finishes above its initial level, the payout at maturity will be par plus the gain of the worse performing index, capped at 26%.

If neither index falls by more than 25%, the payout will be par. Otherwise, investors will lose 1% for each 1% decline of the worse performing index beyond 25%.

Barclays is the agent.

The notes will price on Jan. 10.

The Cusip number is 06744CRU7.

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