New Issue: Barclays prices $483,000 barrier SuperTrack notes linked to S&P, Nasdaq

By Kiku Steinfeld

Chicago, Feb. 8 – Barclays Bank plc priced $483,000 of 0% barrier SuperTrack notes due Jan. 31, 2025 linked to the lesser performing of the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index’s return is positive, the payout at maturity will be par plus 1.15 times the lesser-performing index’s return, up to a maximum payout of par plus 50%. If the lesser-performing index declines by 30% or less, the payout will be par. Investors will lose 1% for each 1% that the lesser-performing index declines from its initial level if it falls by more than 30%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier SuperTrack notes
Underlying indexes:	S&P 500 index, Nasdaq-100 index
Amount:	$483,000
Maturity:	Jan. 31, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing index’s return is positive, par plus 1.15 times lesser-performing index’s return, up to a maximum of par plus 50%; if lesser-performing index’s final level is less than or equal to initial level but greater than or equal to barrier level, par; if lesser-performing index’s final level is less than barrier level, 1% loss for every 1% that lesser-performing index declines from initial level
Initial level:	13,490.19 for Nasdaq, 3,849.62 for S&P
Barrier levels:	9,443.13 for Nasdaq, 2,694.73 for S&P; 70% of initial levels
Pricing date:	Jan. 26
Settlement date:	Jan. 29
Agent:	Barclays
Fees:	4.1%
Cusip:	06747QV38

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