New Issue: Barclays sells $606,000 buffered SuperTrack notes on S&P 500

By Kiku Steinfeld

Chicago, May 27 – Barclays Bank plc priced $606,000 of 0% buffered SuperTrack notes due April 30, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus two times the index return up to par plus 18%.

If the index falls by up to 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% index decline beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying index:	S&P 500 index
Amount:	$606,000
Maturity:	April 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain up to par plus 18%; par if index falls by up to 10%; otherwise, 1% loss for every 1% index decline beyond 10% buffer
Initial level:	4,605.38
Buffer level:	4,144.84, 90% of initial level
Pricing date:	Oct. 29, 2021
Settlement date:	Nov. 3, 2021
Agent:	Barclays
Fees:	1.25%
Cusip:	06748WL43

© 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.