Published on 8/20/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $5.53 million SuperTrack notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 20 – Barclays Bank plc priced $5.53 million of 0% Super Track notes due Aug. 18, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.64 times any index gain.
Investors will be exposed to any losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Super Track notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $5,529,000
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Maturity: | Aug. 18, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.64 times any index gain; exposure to any losses
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Initial level: | 3,033.52
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Pricing date: | Aug. 15
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Settlement date: | Aug. 20
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Agent: | Barclays
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Fees: | 1.5%
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Cusip: | 06741UHN7
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