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Published on 8/6/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $920,000 buffered SuperTrack notes linked to two ETFs

By Wendy Van Sickle

Columbus, Ohio, Aug. 6 – Barclays Bank plc priced $920,000 of 0% buffered SuperTrack notes due July 27, 2022 linked to the least performing of the iShares MSCI Emerging Markets ETF and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing ETF return is positive, the payout at maturity will be par plus 1.25 times that ETF return. Investors will receive par if the least performing ETF falls by up to 30% and will lose 1% for each 1% that the lowest performing ETF declines beyond 30%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying ETFs:iShares MSCI Emerging Markets and iShares MSCI EAFE
Amount:$920,000
Maturity:July 27, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.25 times lowest ETF gain; par if lowest performing ETF falls by up to 30%; 1% loss for each 1% drop beyond 30% of lowest performer
Initial level:$41.77 for Emerging Markets, $64.45 for EAFE
Pricing date:July 31
Settlement date:Aug. 5
Agent:Barclays
Fees:1.45%
Cusip:06747N3C6

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