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Published on 12/11/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $674,000 buffered SuperTrack notes on Euro Stoxx

By Kiku Steinfeld

Chicago, Dec. 11 – Barclays Bank plc priced $674,000 of 0% buffered SuperTrack notes due April 26, 2027 linked to the Euro Stoxx 50 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 1.4 times the index return.

If the index declines up to 20%, investors will receive par. Otherwise, investors will lose 1% for each 1% decline beyond the 20% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Euro Stoxx 50 index
Amount:$674,000
Maturity:April 26, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus1.4 times any index gain; par if index falls by up to 20%; otherwise, 1% loss for each 1% decline beyond 20%
Initial level:4,408.59
Buffer level:3,526.87, 80% of initial level
Pricing date:April 21, 2023
Settlement date:April 26, 2023
Agent:Barclays
Fees:3.4%
Cusip:06745M2K3

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