Published on 1/19/2022 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $5.94 million buffered SuperTrack notes tied to MSCI EAFE
By William Gullotti
Buffalo, N.Y., Jan. 19 – Barclays Bank plc priced $5.94 million of 0% buffered SuperTrack notes due Dec. 18, 2023 linked to the MSCI EAFE index, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum payout of par plus 18.85%.
Investors will receive par if the index falls by up to 17.5% and will lose 1.212121% for each 1% decline beyond 17.5%.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Buffered SuperTrack notes
|
Underlying index: | MSCI EAFE index
|
Amount: | $5.94 million
|
Maturity: | Dec. 18, 2023
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 18.85%; par if the index falls by up to 17.5%; 1.212121% loss for each 1% decline beyond 17.5%
|
Initial level: | 2,359.59
|
Buffer level: | 1,946.66; 82.5% of initial level
|
Pricing date: | Jan. 13
|
Settlement date: | Jan. 19
|
Agent: | Barclays
|
Fees: | None
|
Cusip: | 06748X5V9
|
|
© 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.