New Issue: Barclays prices $3.81 million buffered SuperTrack notes linked to index basket

By William Gullotti

Buffalo, N.Y., July 19 – Barclays Bank plc priced $3.81 million of 0% buffered SuperTrack notes due Nov. 30, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 50% weight, the Russell 2000 index with a 25% weight and the Euro Stoxx 50 index with a 25% weight.

If the basket’s return is positive, the payout at maturity will be par plus double the basket’s return, capped at 12%. If the basket declines by 10% or less, the payout will be par. Otherwise, investors will lose 1% for each 1% basket decline beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	S&P 500 index (50% weight), Euro Stoxx 50 index (25% weight), Russell 2000 index (25% weight)
Amount:	$3,813,000
Maturity:	Nov. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus two times the basket’s return, capped at 12%; if the basket’s final level is less than or equal to initial level but greater than or equal to buffer level, par; if the basket’s final level is less than buffer level, 1% loss for every 1% basket decline beyond the buffer
Initial levels:	4,200.88 for S&P, 2,273.07 for Russell, 4,039.21 for Stoxx
Buffer levels:	90% of initial levels
Pricing date:	May 27
Settlement date:	June 2
Agent:	Barclays
Fees:	0.6%
Cusip:	06748ESJ3

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