By Jennifer Chiou
New York, Dec. 29 - Barclays Bank plc priced another $400,000 of 0% Super Track notes due Jan. 7, 2015 linked to the iShares MSCI EAFE index fund, upsizing its issue to $2.15 million, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.3 times any fund gain.
Investors will receive par if the fund share price falls by up to 50% and will lose 1% for every 1% decline from the initial price if the fund falls by more than 50%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Super Track notes
|
| Underlying fund: | iShares MSCI EAFE index fund
|
| Amount: | $2.15 million (upsized from $1.75 million)
|
| Maturity: | Jan. 7, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.3 times any fund gain; par if fund falls by up to 50%; full exposure to losses if fund falls by more than 50%
|
| Initial level: | $47.90
|
| Barrier price: | $23.95, 50% of initial price
|
| Pricing date: | Dec. 19
|
| Upsize date: | Dec. 28
|
| Settlement date: | Dec. 30
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 3%
|
| Cusip: | 06738KE49
|
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