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Published on 12/28/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $12.86 million Super Track notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Dec. 28 – Barclays Bank plc priced $12.86 million of 0% Super Track notes due June 26, 2020 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 1.95 times any gain in the index.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline below the initial level.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying index:Euro Stoxx 50
Amount:$12,858,000
Maturity:June 26, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.95 times any index gain; par if index falls by up to 25%; otherwise, 1% loss for each 1% decline
Initial level:3,273.97
Barrier level:2,455.48, 75% of initial level
Pricing date:Dec. 23
Settlement date:Dec. 29
Agent:Barclays
Fees:2.75%
Cusip:06741VEQ1

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