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Published on 9/9/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $564,000 buffered SuperTrack notes tied to ARK Innovation

By William Gullotti

Buffalo, N.Y., Sept. 9 – Barclays Bank plc priced $564,000 of 0% buffered SuperTrack notes due Dec. 30, 2022 linked to the ARK Innovation ETF, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus double any ETF gain, up to a maximum payout of par plus 16%.

Investors will receive par if the ETF falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying fund:ARK Innovation ETF
Amount:$564,000
Maturity:Dec. 30, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus two times any ETF gain, capped at par plus 16%; par if the ETF falls by up to 15%; 1% loss for each 1% decline beyond 15%
Initial level:$125.49
Buffer level:$106.67; 85% of initial level
Pricing date:June 25
Settlement date:June 30
Agent:Barclays
Fees:2.25%
Cusip:06748EVW0

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