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Barclays plans Super Track notes tied to S&P 500, Russell 2000
By Marisa Wong
Madison, Wis., June 11 – Barclays Bank plc plans to price 0% Super Track notes due June 28, 2019 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes at or above the initial level, the payout at maturity will be par plus 1.43 times the gain of the worse performing index.
If each index finishes at or above the 60% barrier level, the payout will be par.
Otherwise, investors will receive par plus the return of the worse performing index.
Barclays is the agent.
The notes are expected to price on June 25 and settle on June 30.
The Cusip number is 06741UYH1.
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