Published on 2/25/2023 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $237,000 buffered SuperTrack notes linked to Euro Stoxx 50
By Kiku Steinfeld
Chicago, Feb. 27 – Barclays Bank plc priced $237,000 of 0% buffered SuperTrack notes due Nov. 23, 2026 linked to the Euro Stoxx 50 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 157% of the index return. Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% that the index declines beyond 20%.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Buffered SuperTrack notes
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Underlying index: | Euro Stoxx 50
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Amount: | $237,000
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Maturity: | Nov. 23, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 157% of any index gain; par if index falls by up to 20%; 1% loss for each 1% drop beyond 20%
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Initial level: | 3,924.84
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Buffer: | 3,139.87, 80% of initial level
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Pricing date: | Nov. 18, 2022
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Settlement date: | Nov. 23, 2022
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Agent: | Barclays
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Fees: | 3.4%
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Cusip: | 06749N2A9
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