Published on 6/25/2019 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $101,000 buffered SuperTrack notes tied to Nasdaq
By Sarah Lizee
Olympia, Wash., June 25 – Barclays Bank plc priced $101,000 of 0% buffered SuperTrack notes due Dec. 27, 2021 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, capped at par plus 28%.
If the index falls by up to 10%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 10%.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered SuperTrack notes
|
| Underlying index: | Nasdaq-100 index
|
| Amount: | $101,000
|
| Maturity: | Dec. 27, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 28%; par if index falls by up to 10%; otherwise, 1% loss for every 1% decline beyond 10%
|
| Initial index level: | 7,728.78
|
| Pricing date: | June 21
|
| Settlement date: | June 28
|
| Agent: | Barclays
|
| Fees: | 0.65%
|
| Cusip: | 06747MYH3
|
© 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.
