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Published on 9/23/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $3.9 million buffered Super Track notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 23 – Barclays Bank plc priced $3.9 million of 0% buffered Super Track notes due Oct. 28, 2016 linked to the S&P 500 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 1.5 times the index return up to a maximum of 11.55%. Investors will receive par if the index falls by 10% or less and will lose 1% for each 1% that it declines beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P 500 index
Amount:$3,895,000
Maturity:Oct. 28, 2016
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index return is positive, par plus 1.5 times index return up to a maximum of 11.55%; par if index falls by 10% or less; 1% loss for each 1% that index declines beyond 10%
Initial index level:1,966.97
Pricing date:Sept. 22
Settlement date:Sept. 29
Agent:Barclays
Fees:0.1%
Cusip:06741UL93

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