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Published on 6/4/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.65 million buffered SuperTrack notes on Euro Stoxx

By Sarah Lizee

Olympia, Wash., June 4 – Barclays Bank plc priced $1.65 million of 0% buffered SuperTrack notes due Sept. 5, 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 index gain, subject to a maximum return of 27%.

Investors will receive par if the index falls by up to 5% and will be exposed to any losses beyond the buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying asset:Euro Stoxx 50 index
Amount:$1,653,000
Maturity:Sept. 5, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 2.5 times return, subject to a maximum return of 27%; if index falls by up to 5%, par; otherwise, 1% loss per 1% decline beyond 5%
Initial level:3,441.19
Pricing date:May 30
Settlement date:June 4
Agent:Barclays
Fees:0.8%
Cusip:06746XCB7

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