Published on 12/2/2013 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $2.05 million Super Track notes linked to Kinder Morgan
By Susanna Moon
Chicago, Dec. 2 - Barclays Bank plc priced $2.05 million of 0% Super Track notes due Dec. 2, 2015 linked to Kinder Morgan Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.64 times any gain in Kinder Morgan shares.
Investors will be exposed to any losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Super Track notes
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Underlying stock: | Kinder Morgan Inc. (Symbol: KMI)
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Amount: | $2,052,000
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Maturity: | Dec. 2, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.64 times any stock gain; exposure to any losses
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Initial price: | $35.86
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Pricing date: | Nov. 26
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Settlement date: | Nov. 29
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Agent: | Barclays
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Fees: | 1.75%
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Cusip: | 06741T2F3
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