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Published on 12/14/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.08 million barrier SuperTrack notes linked to Russell, Dow, Nasdaq

By Kiku Steinfeld

Chicago, Dec. 14 – Barclays Bank plc priced $1.08 million of 0% barrier SuperTrack notes due Aug. 28, 2026 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing index’s return is positive, the payout at maturity will be par plus 1.45 times the least-performing index’s return. If the least-performing index declines by 40% or less, the payout will be par. Investors will lose 1% for each 1% that the least-performing index declines from its initial level if it falls by more than 40%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Barrier SuperTrack notes
Underlying indexes:Nasdaq-100, Russell 2000 and Dow Jones industrial average
Amount:$1.08 million
Maturity:Aug. 28, 2026
Coupon:0%
Price:Par
Payout at maturity:If least-performing index’s return is positive, par plus 1.45 times least-performing index’s return; if least-performing index’s final level is less than or equal to initial level but greater than or equal to barrier level, par; if least-performing index’s final level is less than barrier level, 1% loss for every 1% that least-performing index declines from initial level
Initial levels:15,368.92 for Nasdaq, 2,239.27 for Russell, 35,405.50 for Dow
Barrier levels:9,221.35 for Nasdaq, 1,343.56 for Russell, 21,243.30 for Dow; 60% of initial levels
Pricing date:Aug. 25
Settlement date:Aug. 30
Agent:Barclays
Fees:0.5%
Cusip:06748WEB5

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