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Published on 7/14/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $570,000 buffered SuperTrack notes linked to Dow

By Kiku Steinfeld

Chicago, July 14 – Barclays Bank plc priced $570,000 of 0% buffered SuperTrack notes due Feb. 19, 2025 linked to the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, capped at 20.5%. Investors will receive par if the index falls by up to the 20% buffer and will lose 1% for each 1% that it declines beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Dow Jones industrial average
Amount:$570,000
Maturity:Feb. 19, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at 20.5%; par if index falls by no more than the 20% buffer; exposure to any losses beyond the buffer
Initial level:34,089.27
Buffer value:27,271.42; 80% of initial level
Pricing date:Feb. 14
Settlement date:Feb. 17
Agent:Barclays
Fees:0.25%
Cusip:06749NPW6

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