Published on 9/30/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $677,000 buffered Super Track notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Sept. 30 – Barclays Bank plc priced $677,00 of 0% buffered Super Track notes due Sept. 30, 2019 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 1.75 times any index gain.
Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below the 65% barrier level.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Buffered Super Track notes
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Underlying index: | Euro Stoxx 50
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Amount: | $677,00
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Maturity: | Sept. 30, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.75 times any index gain; par if index falls by up to 35%; full exposure to losses if index falls below barrier
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Initial index level: | 3,202.31
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Barrier level: | 2,081.50, 65% of initial level
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Pricing date: | Sept. 25
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Settlement date: | Sept. 30
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Agent: | Barclays
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Fees: | 3.25%
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Cusip: | 06741UJN5
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