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Published on 1/2/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $297,000 SuperTrack notes tied to Russell, Dow Jones

By Marisa Wong

Morgantown, W.Va., Jan. 2 – Barclays Bank plc priced $297,000 of 0% SuperTrack notes due Dec. 30, 2022 linked to the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.5 times the return of the lesser-performing index, up to a maximum return of 67.5%.

Investors will receive par if either index falls by up to 40% and will be fully exposed to the decline of the lesser-performing index if it falls below the 60% barrier.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:SuperTrack notes
Underlying indexes:Russell 2000, Dow Jones industrial average
Amount:$297,000
Maturity:Dec. 30, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.5 times the return of the lesser-performing index, capped at 67.5%; par if either index declines by up to 40%; otherwise, full exposure to decline of lesser-performing index
Initial levels:1,547.11 for Russell, 24,782.29 for Dow Jones
Barrier levels:928.27 for Russell, 14,869.37 for Dow Jones; 60% of initial levels
Pricing date:Dec. 21
Settlement date:Dec. 27
Agent:Barclays
Fees:1.125%
Cusip:06744CNW7

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