New Issue: Barclays prices $552,000 buffered SuperTrack notes linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Feb. 26 – Barclays Bank plc priced $552,000 of 0% buffered SuperTrack notes due Aug. 17, 2023 linked to the lesser performing of the S&P 500 index and the Russell 2000 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 the lesser-performing index’s return up to a 40% maximum return. If the lesser-performing index declines by 15% or less, the payout will be par. Investors will lose 1% for each 1% that the lesser-performing index declines beyond 15%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$552,000
Maturity:	Aug. 17, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing index’s return is positive, par plus lesser-performing index’s return, up to a 40% maximum return; if lesser-performing index’s final level is less than or equal to initial level but greater than or equal to buffer level, par; if lesser-performing index’s final level is less than buffer level, 1% loss for every 1% that lesser-performing index declines beyond buffer
Initial levels:	3,943.83 for S&P, 2,289.36 for Russell
Buffer levels:	85% of initial levels
Pricing date:	Feb. 12
Settlement date:	Feb. 18
Agent:	Barclays
Fees:	1%
Cusip:	06748E4Q3

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