| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Barclays to price buffered Super Track notes linked to Euro Stoxx, S&P
By Tali Rackner
Norfolk, Va., Sept. 3 – Barclays Bank plc plans to price 0% buffered Super Track notes due March 29, 2019 linked to the lesser performing of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of the lesser-performing index is positive, the payout at maturity will be par of $1,000 plus 110% to 120% of the lesser-performing index’s return. The exact upside leverage factor will be set at pricing.
Investors will receive par if the lesser-performing index declines by 25% or less and will lose 1% for each 1% that the lesser-performing index declines beyond 25%.
Barclays is the agent.
The notes will price Sept. 25 and settle Sept. 30.
The Cusip number is 06741UJ62.
© 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.