New Issue: Barclays sells $883,000 SuperTrack notes linked to Euro Stoxx, Dow

By Marisa Wong

Morgantown, W.Va., Oct. 10 – Barclays Bank plc priced $883,000 of 0% SuperTrack notes due Oct. 5, 2020 linked to the least performing of the Euro Stoxx 50 index and the Dow Jones industrial average, according to a 424B2 filed with the Securities and Exchange Commission.

If each index finishes above its initial level, the payout at maturity will be par plus 1.49 times the gain of the worse performing index.

If either index falls but both finish at or above their 55% barrier levels, the payout will be par. Otherwise, investors will lose 1% for each 1% decline of the worse performing index from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	SuperTrack notes
Underlying indexes:	Euro Stoxx 50, Dow Jones industrial average
Amount:	$883,000
Maturity:	Oct. 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 1.49 times gain of worse performing index; par if either index falls but by no more than 45%; otherwise, 1% loss per 1% decline of worse performing index
Initial index levels:	3,563.64 for Euro Stoxx, 22,381.20 for Dow
Barrier levels:	1,960.00 for Euro Stoxx, 12,309.66 for Dow; 55% of initial levels
Pricing date:	Sept. 28
Settlement date:	Oct. 3
Agent:	Barclays
Fees:	2.85%
Cusip:	06744C4K4

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.