Barclays plans Super Track notes linked to S&P 500, S&P MidCap 400

By Angela McDaniels

Tacoma, Wash., July 18 – Barclays Bank plc plans to price 0% Super Track notes due Jan. 26, 2017 linked to the lesser performing of the S&P 500 index and the S&P MidCap 400 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 150% of the return of the lesser performing index. If the return of the lesser performing index is between zero and negative 15%, the payout will be par. It the return of the lesser performing index is less than negative 15%, investors will lose 1.17647% for every 1% that it declines beyond 15%.

Barclays is the agent.

The notes will price July 21 and settle July 24.

The Cusip number is 06741UGH1.

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