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Published on 3/25/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.81 million buffered SuperTrack notes tied to S&P

By Sarah Lizee

Olympia, Wash., March 25 – Barclays Bank plc priced $4.81 million of 0% buffered SuperTrack notes due March 25, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.2 times any index gain, capped at par plus 21.5%.

If the index falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:S&P 500
Amount:$4,814,000
Maturity:March 25, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.2 times any index gain, capped at par plus 21.5%; par if index falls by up to 10%; otherwise, 1% loss for every 1% decline beyond 10%
Initial index level:2,824.23
Pricing date:March 21
Settlement date:March 26
Agent:Barclays
Fees:2%
Cusip:06747MKH8

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