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Published on 9/5/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $356,000 buffered SuperTrack notes on EM, EAFE ETFs

By Wendy Van Sickle

Columbus, Ohio, Sept. 5 – Barclays Bank plc priced $356,000 of 0% buffered SuperTrack notes due Aug. 31, 2021 linked to the iShares MSCI Emerging Markets exchange-traded fund and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each ETF finishes above its initial price, the payout at maturity will be par plus 1.25 times the gain of the worse performing ETF.

If the worse performing ETF falls by up to 25%, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing ETF beyond the 25% buffer.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying ETFs: iShares MSCI Emerging Markets ETF and iShares MSCI EAFE ETF
Amount:$356,000
Maturity:Aug. 31, 2021
Coupon:0%
Price:Par
Payout at maturity:If each ETF gains, par plus 1.25 times return of worse performing ETF; if worse performing ETF falls by up to 25%, par; otherwise, 1% loss per 1% decline of worse performing ETF beyond 25%
Initial prices:$43.83 for EM, $68.16 for EAFE
Pricing date:Aug. 28
Settlement date:Aug. 31
Agent:Barclays
Fees:3.45%
Cusip:06746XL43

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