Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Barclays Bank plc > News item |
Barclays plans to price buffered SuperTrack notes linked to the Dow
By Sarah Lizee
Olympia, Wash., May 31 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due June 29, 2023 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.1 to 1.15 times any gain in the index.
If the index falls by up to 15%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 15%.
Barclays is the agent.
The notes will settle on June 29.
The Cusip number is 06746XDH3.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.