New Issue: Barclays prices $977,000 buffered SuperTrack notes tied to Stoxx 50

By Sarah Lizee

Olympia, Wash., Nov. 27 – Barclays Bank plc priced $977,000 of 0% buffered SuperTrack notes due Feb. 21, 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 2.5 times any index gain, capped at par plus 28.5%.

Investors will receive par if the index falls by up to 5% and will be exposed to any losses beyond the buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying asset:	Euro Stoxx 50 index
Amount:	$977,000
Maturity:	Feb. 21, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.5 times any index gain, capped at par plus 28.5%; if index falls by up to 5%, par; otherwise, 1% loss per 1% decline beyond 5%
Initial level:	3,180.74
Pricing date:	Nov. 16
Settlement date:	Nov. 21
Agent:	Barclays
Fees:	0.5%
Cusip:	06746XYG2

© 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.