Barclays plans buffered Super Track notes linked to Dow, Russell 2000

By Angela McDaniels

Tacoma, Wash., Jan. 7 – Barclays Bank plc plans to price 0% buffered Super Track notes due July 29, 2019 linked to the lesser performing of the Dow Jones industrial average and the Russell 2000 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 plus 127% to 133% 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 up to 15% and will lose 1% for each 1% that the lesser-performing index declines beyond 15%.

Barclays is the agent.

The notes will price Jan. 26.

The Cusip number is 06741U2H6.

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