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

New Issue: Barclays prices $4.28 million buffered SuperTrack notes on EM ETF

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – Barclays Bank plc priced $4.28 million of 0% buffered SuperTrack notes due May 6, 2021 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain in the ETF up to a maximum payout of par plus 25.7%.

If the ETF 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 ETF:iShares MSCI Emerging Markets
Amount:$4,281,000
Maturity:May 6, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any ETF gain up to a maximum payout of par plus 25.7%; par if ETF falls by up to 10%; otherwise, 1% loss for every 1% decline beyond 10%
Initial ETF level:$40.55
Pricing date:Aug. 2
Settlement date:Aug. 7
Agent:Barclays
Fees:0%
Cusip:06747N7D0

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