Barclays plans two-year buffered SuperTrack notes tied to S&P 500

New York, April 27 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due June 3, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain subject to a cap of par plus 18% to par plus 20%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.

Barclays is the agent.

The notes will price on May 31 and settle on June 5.

The Cusip number is 06746X7K3.

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