Barclays plans to price buffered SuperTrack notes tied to S&P, Dow

By Sarah Lizee

Olympia, Wash., May 20 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due May 24, 2024 linked to the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 1.25 times the gain of the worse performing index, capped at par plus 65%.

If either index declines by up to 30%, the payout at maturity will be par.

If either falls by more than 30%, investors will lose 1% for each 1% decline of the worse performing index beyond the buffer.

Barclays is the agent.

The notes will price on May 21.

The Cusip number is 06747MV86.

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