Published on 9/30/2013 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $515,000 buffered Super Track notes linked to S&P 500
By Susanna Moon
Chicago, Sept. 30 - Barclays Bank plc priced $515,000 of 0% Super Track notes due March 30, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Buffered Super Track notes
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Underlying index: | S&P 500 index
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Amount: | $515,000
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Maturity: | March 30, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; par if index falls by 15% or less; exposure to losses beyond 15%
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Initial level: | 1,697.42
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Pricing date: | Sept. 25
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Settlement date: | Sept. 30
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Agent: | Barclays
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Fees: | None
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Cusip: | 06741TG68
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