Barclays plans buffered SuperTrack notes linked to Gold Miners fund

By Susanna Moon

Chicago, May 25 – Barclays Bank plc plans to price 0% buffered SuperTrack notes due Dec. 4, 2019 linked to the VanEck Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 32% to 33%.

Investors will receive par if the fund falls by up to 25% and will lose 1% for each 1% decline beyond 25%.

Barclays is the agent.

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

The Cusip number is 06741VUD2.

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