Barclays updates cap for buffered SuperTrack notes tied to the Dow

By Marisa Wong

Los Angeles, May 6 – Barclays Bank plc amended the payout cap for its previously priced $8.27 million of 0% buffered SuperTrack notes due Oct. 7, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum payout of par plus 18.125%. A previous 424B2 filing stated that the maximum return was 15%.

If the index falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying index:	Dow Jones industrial average
Amount:	$8,266,000
Maturity:	Oct. 7, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at par plus 18.125%; par if index falls by up to 15%; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:	21,413.44
Buffer level:	18,201.42, 85% of initial level
Pricing date:	April 2
Settlement date:	April 7
Amendment date: April 27
Agent:	Barclays
Fees:	0.15%
Cusip:	06747PFF1

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