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Published on 3/27/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.4 million buffered SuperTrack notes on stock basket

Kiku Steinfeld

Chicago, March 29 – Barclays Bank plc priced $6.4 million of 0% buffered SuperTrack notes due March 22, 2022 linked to an equally-weighted basket containing the common stocks of EPR Properties, Vornado Realty Trust and Macerich Co., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times any basket gain, up to a 30% maximum gain.

If the basket falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1.25% for every 1% decline beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Basket components:EPR Properties, Vornado Realty Trust and Macerich Co.; equally weighted
Amount:$6.4 million
Maturity:March 22, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 2 times any basket gain, up to a 30% maximum gain; if the basket falls by up to 20%, the payout will be par; investors will lose 1.25% for every 1% decline beyond 20%
Initial level:$47.88 for EPR Properties, $46.76 for Vornado, $13.55 for Macerich
Buffer level:80% of initial basket level
Pricing date:March 11
Settlement date:March 16
Agent:Barclays
Fees:0.25%
Cusip:06748EEV1

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