New Issue: Barclays sells $1.34 million buffered Super Track notes on Dow, Russell

By Marisa Wong

Morgantown, W.Va., Jan. 7 – Barclays Bank plc priced $1.34 million of 0% buffered Super Track notes due June 28, 2019 linked to the lesser performing of the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the lesser-performing index is positive, the payout at maturity will be par plus 1.27 times the lesser-performing index’s return.

Investors will receive par if the lesser-performing index declines by up to the 15% buffer and will lose 1% for each 1% that the lesser-performing index declines beyond the buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered Super Track notes
Underlying indexes:	Dow Jones industrial average and the Russell 2000 index
Amount:	$1,335,000
Maturity:	June 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.27 times the lesser-performing index’s return; par if lesser-performing index declines by up to 15%, exposure to decline of lesser-performing index beyond 15%
Initial level:	17,528.27 for Dow, 1,148.21 for Russell
Pricing date:	Dec. 28
Settlement date:	Dec. 31
Underwriter:	Barclays
Fees:	3.5%
Cusip:	06741UX33

© 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.