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Published on 7/23/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $764,000 buffered SuperTrack notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, July 23 – Barclays Bank plc priced $764,000 of 0% buffered SuperTrack notes due July 27, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.2 times the index return, up to a maximum payout of par plus 30%. Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% that the index declines beyond 20%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:S&P 500
Amount:$764,000
Maturity:July 27, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.2 times any index gain, up to a maximum payout of par plus 30%; par if index falls by up to 20%; 1% loss for each 1% drop beyond 20%
Initial level:2,976.61
Pricing date:July 19
Settlement date:July 24
Agent:Barclays
Fees:0.5%
Cusip:06747N6E9

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