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Published on 3/13/2020 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $4.05 million buffered SuperTrack notes on Russell

By Marisa Wong

Los Angeles, March 13 – Barclays Bank plc priced $4.05 million of 0% buffered SuperTrack notes due Nov. 5, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, capped at par plus 16.8%.

If the index falls by up to 17.5%, the payout will be par. Otherwise, investors will lose 1.2121% for every 1% decline beyond 17.5%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Russell 2000 index
Amount:$4.05 million
Maturity:Nov. 5, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain, capped at par plus 16.8%; par if index falls by up to 17.5%; otherwise, 1.2121% loss for every 1% decline beyond 17.5%
Initial index level:1,518.49
Buffer level:1,252.75, 82.5% of initial level
Pricing date:March 4
Settlement date:March 9
Agent:Barclays
Fees:None
Cusip:06747PHG7

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