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Published on 3/9/2020 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.32 million buffered SuperTrack notes on Russell

By Marisa Wong

Los Angeles, March 9 – Barclays Bank plc priced $1.32 million of 0% buffered SuperTrack notes due March 3, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, with the return capped at 18.25%.

If the index falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying index:Russell 2000 index
Amount:$1.32 million
Maturity:March 3, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain, with the return capped at 18.25%; par if index falls by up to 15%; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:1,497.87
Buffer level:1,273.19, 85% of initial level
Pricing date:Feb. 27
Settlement date:March 3
Agent:Barclays
Fees:None
Cusip:06747PC72

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