E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/10/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $698,000 buffered SuperTrack notes linked to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Oct. 10 – Barclays Bank plc priced $698,000 of 0% buffered SuperTrack notes due Oct. 7, 2022 linked to the Euro Stoxx 50 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 230% of the index return, capped at par plus 60%. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index declines beyond 10%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Euro Stoxx 50
Amount:$698,000
Maturity:Oct. 7, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 230% of any index gain capped at par plus 60%; par if index falls by up to 10%; 1% loss for each 1% drop beyond 10%
Initial level:3,413.31
Pricing date:Oct. 2
Settlement date:Oct. 7
Agent:Barclays
Fees:2.7%
Cusip:06747NK60

© 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.