Published on 1/26/2016 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.39 million buffered SuperTrack notes on iShares MSCI EAFE
By Tali Rackner
Norfolk, Va., Jan. 26 – Barclays Bank plc priced $1.39 million of 0% buffered SuperTrack notes due Jan. 25, 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the fund gain, up to a maximum return of 49.2%.
Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond the buffer.
Barclays is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Buffered SuperTrack notes
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| Underlying fund: | iShares MSCI EAFE exchange-traded fund
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| Amount: | $1,386,000
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| Maturity: | Jan. 25, 2018
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| Coupon: | 0%
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| Price: | Par of $1,000
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| Payout at maturity: | Par plus any fund gain, capped at 49.2%; par if the index fund by up to 10%; exposure to any losses beyond 10%
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| Initial price: | $52.92
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| Pricing date: | Jan. 22
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| Settlement date: | Jan. 27
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| Agent: | Barclays
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| Fees: | 2.35%
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| Cusip: | 06741U4F8
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