Published on 7/12/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.02 million buffered SuperTrack notes linked to Russell, iShares EAFE
New York, July 12 – Barclays Bank plc priced $1.02 million of 0% buffered SuperTrack notes due Jan. 15, 2020 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket’s two components are equally weighted.
The payout at maturity will be par plus the basket return, if positive.
Investors will receive par if the basket falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
Barclays is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Buffered SuperTrack notes
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| Underlying basket: | Russell 2000 index and iShares MSCI EAFE ETF, equally weighted
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| Amount: | $1,018,000
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| Maturity: | Jan. 15, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any gain in the basket; par if basket falls by up to 15%; 1% loss for each 1% drop beyond 15%
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| Initial levels: | 1,415.84 for Russell 2000, $64.84 for ETF
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| Pricing date: | July 10
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| Settlement date: | July 13
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| Agent: | Barclays
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| Fees: | 0.25%
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| Cusip: | 06744CBS9
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