Published on 12/12/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.18 million Super Track notes tied to iShares MSCI Emerging Markets
By Toni Weeks
San Luis Obispo, Calif., Dec. 12 – Barclays Bank plc priced $1,176,000 of 0% Super Track notes due June 14, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.226 times any gain in the share price.
Investors will be fully exposed to any losses.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Super Track notes
|
| Underlying ETF: | iShares MSCI Emerging Markets ETF
|
| Amount: | $1,176,000
|
| Maturity: | June 14, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.226 times any share price gain; full exposure to any losses
|
| Initial level: | $39.31
|
| Pricing date: | Dec. 10
|
| Settlement date: | Dec. 15
|
| Agent: | Barclays
|
| Fees: | 2.5%
|
| Cusip: | 06741UMZ4
|
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