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Barclays plans Super Track notes due 2018 with 75% barrier on FTSE 100
By Susanna Moon
Chicago, April 9 – Barclays Bank plc plans to price 0% Super Track notes due Oct. 18, 2018 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.7 times any index gain.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% barrier level.
Barclays is the agent.
The notes will price on April 13 and settle on April 16.
The Cusip number is 06741UUE2.
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