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

By Susanna Moon

Chicago, May 10 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due June 5, 2023 linked to the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 1.32 to 1.37 times the gain of the worse performing index.

If either index falls by up to 30%, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index beyond the buffer.

Barclays is the agent.

The notes will price on May 31 and settle on June 5.

The Cusip number is 06746XAU7.

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