New Issue: Barclays prices $1.06 million buffered SuperTrack notes tied to Omnicell

By William Gullotti

Buffalo, N.Y., April 2 – Barclays Bank plc priced $1.06 million of 0% buffered SuperTrack notes due March 29, 2027 linked to the stock performance of Omnicell, Inc., according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus double any stock gain, up to a maximum payout of par plus 82%.

Investors will receive par if the stock falls by up to 30% and will lose 1% for each 1% decline beyond 30%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying stock:	Omnicell, Inc.
Amount:	$1,056,000
Maturity:	March 29, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any stock gain, capped at par plus 82%; par if the stock falls by up to 30%; 1% loss for each 1% decline beyond 30%
Initial level:	$28.44
Buffer level:	$19.91; 70% of initial level
Pricing date:	March 21
Settlement date:	March 28
Agent:	Barclays
Fees:	0.75%
Cusip:	06745QBL2

© 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.