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Published on 2/9/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $7.7 million buffered SuperTrack notes on iShares EAFE

By Marisa Wong

Morgantown, W.Va., Feb. 9 – Barclays Bank plc priced $7.7 million of 0% buffered SuperTrack notes due Oct. 10, 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times the fund gain, up to a maximum return of 20%.

Investors will receive par if the fund falls by up to 20% and lose 1.25% for each 1% loss beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying fund:iShares MSCI EAFE exchange-traded fund
Amount:$7.7 million
Maturity:Oct. 10, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 1.5 times any fund gain, capped at 20%; par if fund falls by up to 20%; 1.25% loss for each 1% drop beyond 20%
Initial price:$59.71
Pricing date:Feb. 7
Settlement date:Feb. 10
Agent:Barclays
Fees:None
Cusip:06741VKG6

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