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Published on 8/29/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1 million Super Track notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Aug. 29 – Barclays Bank plc priced $1 million of 0% Super Track notes due Aug. 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.6 times any index gain. Investors will receive par if the index falls by up to 40% and will lose 1% for each 1% that it declines beyond 40%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying index:Euro Stoxx 50
Amount:$1 million
Maturity:Aug. 30, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 160% of any index gain; par if index falls by up to 40%; 1% loss for each 1% that index declines beyond 40%
Initial index level:3,197.54
Barrier level:1,918.52, 60% of initial level
Pricing date:Aug. 26
Settlement date:Aug. 29
Agent:Barclays
Fees:3.25%
Cusip:06741UHE7

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