Barclays to price Super Track notes linked to Russell 2000, S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 25 – Barclays Bank plc plans to price 0% Super Track notes due Jan. 29, 2021 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lesser-performing index is greater than its initial level, the payout at maturity will be par plus 205% of the return of the lesser-performing index.

If the lesser-performing index remains flat or declines by up to 35%, the payout will be par.

If the lesser-performing index declines by more than 35%, investors will be fully exposed to its decline.

The initial index levels are equal to the indexes’ respective closing levels on Jan. 22.

Barclays is the agent.

The notes will price Jan. 27.

The Cusip number is 06741U4H4.

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