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Barclays plans to price buffered SuperTrack notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., Jan. 29 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Jan. 29, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus two times the index return, subject to a maximum return of 25.85%. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index may decline beyond 10%.
Barclays is the agent.
The notes will price Feb. 5.
The Cusip number is 06747MCH7.
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