Published on 8/4/2015 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $890,000 Super Track notes due 2017 linked to Euro Stoxx
By Susanna Moon
Chicago, Aug. 4 – Barclays Bank plc priced $890,000 of 0% Super Track notes due Feb. 3, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 24.75%.
Investors will be exposed to any losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Super Track notes
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Underlying index: | Euro Stoxx 50
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Amount: | $890,000
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Maturity: | Feb. 3, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus triple any index gain, capped at 24.75%; exposure to any losses
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Initial level: | 3,600.69
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Pricing date: | July 31
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Settlement date: | Aug. 5
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Agent: | Barclays
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Fees: | 0.6%
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Cusip: | 06741UC36
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