New Issue: Barclays prices $3.5 million Super Track notes linked to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., Oct. 30 - Barclays Bank plc priced $3.5 million of 0% Super Track notes due April 28, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 142.5% of the index return.

Investors will receive par if the index falls by up to 25% and will be fully exposed to losses from the initial level if the index falls below the 75% barrier level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Super Track notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3,495,000
Maturity:	April 28, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 142.5% of index return; par if index stays flat or declines by up to 25%; full exposure to losses from initial level if index declines by 25% or more
Initial level:	3,022.04
Barrier level:	2,266.53, 75% of initial level
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Barclays
Fees:	2.75%
Cusip:	06741TQ83

© 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.