| 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 eyes buffered SuperTrack notes due 2023 tied to S&P 500
By Sarah Lizee
Olympia, Wash., March 21 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due April 28, 2023 linked to the S&P 500 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 1.1 to 1.15 times the index return.
Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% that the index may decline beyond 25%.
Barclays is the agent.
The notes will price April 30.
The Cusip number is 06747MK96.
© 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.