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Published on 1/12/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $623,000 buffered SuperTrack notes tied to S&P 500, Dow

By Wendy Van Sickle

Columbus, Ohio, Jan. 12 – Barclays Bank plc priced $623,000 of 0% buffered SuperTrack notes due July 15, 2020 linked to the S&P 500 index and the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the gain of the worse performing index, subject to a 26% maximum return.

Investors will receive par if each index falls by no more than 25% and will be exposed to any losses of the worse performing index beyond the buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:S&P 500 and Dow Jones Industrial Average
Amount:$623,000
Maturity:July 15, 2020
Coupon:0%
Price:Par
Payout at maturity:If each index gains, par plus return of the worse performing index, capped at 26%; if either index falls by up to 25%, par; otherwise, exposure to any losses of worse performing index beyond 25%
Initial levels:2,748.23 for S&P, 25,369.13 for Dow
Pricing date:Jan. 10
Settlement date:Jan. 16
Agent:Barclays
Fees:0.75%
Cusip:06744CRU7

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