New Issue: Barclays prices $842,000 buffered SuperTrack notes linked to S&P 500

By Kiku Steinfeld

Chicago, Nov. 17 – Barclays Bank plc priced $842,000 of 0% buffered SuperTrack notes due Oct. 30, 2026 linked to the S&P 500 index according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the return of the index.

If the index declines up to 12.75%, investors will receive par.

Otherwise, investors will lose 1% for each 1% decline beyond the buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying index:	S&P 500
Amount:	$842,000
Maturity:	Oct. 30, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above its initial level, par plus the return of the index; If the index declines up to buffer level, par; otherwise, 1% loss for each 1% decline beyond the buffer
Initial level:	3,390.68
Buffer level:	2,958.37, 87.25% of initial level
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Agent:	Barclays
Fees:	3%
Cusip:	06747QKQ9

© 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.