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Published on 6/6/2016 in the Prospect News Structured Products Daily.

Barclays plans buffered SuperTrack notes linked to S&P, Russell 2000

By Angela McDaniels

Tacoma, Wash., June 6 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due June 29, 2018 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 return of the lesser-performing index is positive, the payout at maturity will be par plus 200% of the lesser-performing index’s return, subject to a maximum return of 30%. Investors will receive par if the lesser-performing index declines by up to 10% and will lose 1% for each 1% that the lesser-performing index declines beyond 10%.

Barclays is the agent.

The notes will price June 27.

The Cusip number is 06741V4S8.


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