New Issue: Barclays prices $825,000 buffered SuperTrack notes tied to Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, March 12 – Barclays Bank plc priced $825,000 of 0% buffered SuperTrack notes due March 9, 2021 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 103% of the gain of the worse performing index.

Investors will receive par if the laggard index falls by up to 20% and will be exposed to any losses of the worse performing index beyond 20%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	Russell 2000, S&P 500
Amount:	$825,000
Maturity:	March 9, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 103% of worse performing index gain; par if lesser performing index falls by up to 20%; 1% loss per 1% decline of worse performing index beyond 20%
Initial levels:	2,728.12 for S&P, 1,562.2 for Russell
Pricing date:	March 5
Settlement date:	March 8
Agent:	Barclays
Fees:	3.05%
Cusip:	06744CZC8

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.