E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/6/2013 in the Prospect News Structured Products Daily.

Barclays plans buffered Super Track notes on Dow Jones - UBS Commodity

By Angela McDaniels

Tacoma, Wash., Feb. 6 - Barclays Bank plc plans to price 0% buffered Super Track notes due Feb. 29, 2016 linked to the Dow Jones - UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum return of 18% to 20% that will be set at pricing. Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

The notes will price Feb. 25 and settle Feb. 28.

The Cusip number is 06741TNB9.


© 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.