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Published on 4/2/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $8.71 million buffered SuperTrack notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 2 – Barclays Bank plc priced $8.71 million of 0% buffered SuperTrack notes due March 29, 2029 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 the index return. Investors will receive par if the index falls by up to 24.1% and will lose 1% for each 1% that the index declines beyond 24.1%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:S&P 500
Amount:$8,714,000
Maturity:March 29, 2029
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain; par if index falls by up to 24.1%; 1% loss for each 1% drop beyond 24.1%
Initial level:5,218.19
Buffer value:3,960.61, 75.9% of initial level
Pricing date:March 25
Settlement date:March 28
Agent:Barclays
Fees:3.55%
Cusip:06745PZV6

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