Barclays plans two-year buffered Super Track notes on S&P BRIC 40

By Susanna Moon

Chicago, March 4 - Barclays Bank plc plans to price 0% buffered Super Track notes due March 28, 2013 linked to the S&P BRIC 40 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum return of 15.25%.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

Barclays Capital Inc. is the agent.

The notes will price on March 28 and settle on March 31.

The Cusip is 06738KDM0.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.