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Published on 12/6/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.51 million SuperTrack notes tied to iShares MSCI ACWI

By Susanna Moon

Chicago, Dec. 6 – Barclays Bank plc priced $1.51 million of 0% SuperTrack notes due Nov. 20, 2023 linked to the iShares MSCI ACWI ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.4 times any fund gain, up to a maximum return of 75%.

Investors will receive par if the fund falls by up to 30% and will be fully exposed to any losses if the index falls beyond the 70% barrier.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:SuperTrack notes
Underlying asset:iShares MSCI ACWI ETF
Amount:$1.51 million
Maturity:Nov. 20, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 240% of any fund gain, capped at 75%; if fund falls by up to 30%, par; otherwise, 1% loss per 1% decline
Initial level:$69.50
Barrier level:$48.65, 70% of initial level
Pricing date:Nov. 15
Settlement date:Nov. 20
Agent:Barclays
Fees:0.75%
Cusip:06746XYR8

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