Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for FTSE 100 index > News item |
Barclays plans to price buffered SuperTrack notes linked to FTSE 100
New York, June 4 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due July 2, 2020 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 two times any gain in the index capped at par plus 60% to 62%. The exact maximum return will be set at pricing.
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 June 29 and settle on July 5.
The Cusip number is 06746XEF6.
© 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.