New Issue: Barclays sells $784,000 buffered SuperTrack notes tied to Dow

By Wendy Van Sickle

Columbus, Ohio, April 30 – Barclays Bank plc priced $784,000 of 0% buffered SuperTrack notes due April 30, 2025 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain.

If the index falls by up to 15%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying index:	Dow Jones industrial average
Amount:	$784,000
Maturity:	April 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 15%; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:	24,133.78
Buffer level:	20,513.71, 85% of initial level
Pricing date:	April 27
Settlement date:	April 30
Agent:	Barclays
Fees:	3.5%
Cusip:	06747PNH8

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.