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Published on 10/12/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.53 million buffered SuperTrack notes tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Oct. 12 – Barclays Bank plc priced $1.53 million of 0% buffered SuperTrack notes due Jan. 10, 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 2.5 times any gain in the index, subject to a maximum return of 25.3%.

If the index falls by up to 5%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 5%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Euro Stoxx 50
Amount:$1,528,000
Maturity:Jan. 10, 2019
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 2.5 times any index gain, return capped at 25.3%; par if index falls by up to 5%; otherwise, 1% loss for every 1% decline beyond 5%
Initial index level:3,594.91
Pricing date:Oct. 4
Settlement date:Oct. 10
Agent:Barclays
Fees:0.5%
Cusip:06744C4Z1

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