New Issue: Barclays prices $671,000 buffered SuperTrack notes linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Jan. 18 – Barclays Bank plc priced $671,000 of 0% buffered SuperTrack notes due Aug. 30, 2024 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing index’s return is positive, the payout at maturity will be par plus 2 times the lesser-performing index’s return, subject to a maximum return of par plus 32.25%.

If the lesser-performing index declines by 10% or less, the payout will be par. Investors will lose 1% for each 1% that the lesser-performing index declines beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$671,000
Maturity:	Aug. 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing index’s return is positive, par plus 2 times lesser-performing return, capped at 32.25%; if lesser-performing index declines by no more than buffer level, par; 1% loss for each 1% that the lesser-performing index declines beyond buffer
Initial levels:	4,509.37 for S&P, 2,277.15 for Russell
Buffer levels:	4,058.43 for S&P, 2,049.44 for Russell; 90% of initial levels
Pricing date:	Aug. 27
Settlement date:	Sept. 1
Agent:	Barclays
Fees:	1.2%
Cusip:	06748WDP5

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