Barclays to price buffered SuperTrack notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Feb. 14 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Feb. 19, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25 times any index gain, capped at par plus 20%.

If the index falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Barclays is the agent.

The notes will price on Feb. 15.

The Cusip number is 06747MEH5.

© 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.