New Issue: Barclays prices $675,000 SuperTrack notes linked to three indexes

By Sarah Lizee

Olympia, Wash., June 25 – Barclays Bank plc priced $675,000 of 0% SuperTrack notes due June 23, 2025 linked to the least performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 2.21 times the gain of the worse performing index.

Otherwise, investors will be fully exposed to the decline of the worse performing index.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	SuperTrack notes
Underlying indexes:	Dow Jones industrial average, S&P 500 and Russell 2000
Amount:	$675,000
Maturity:	June 23, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 2.21 times return of worse performing index; otherwise, full exposure to the decline of the worse performing index
Initial levels:	3,115.34 for S&P, 1,427.08 for Russell, 26,080.10 for Dow
Pricing date:	June 18
Settlement date:	June 23
Agent:	Barclays
Fees:	0.5%
Cusip:	06747Q2S5

© 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.