New Issue: Barclays sells $1.7 million buffered SuperTrack notes tied to SPDR S&P MidCap

By Wendy Van Sickle

Columbus, Ohio, May 19 – Barclays Bank plc priced $1.7 million of 0% buffered SuperTrack notes due Nov. 18, 2021 linked to the SPDR S&P MidCap 400 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any ETF gain up to a 28% maximum return.

If the ETF falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying ETF:	SPDR S&P MidCap 400 ETF Trust
Amount:	$1.7 million
Maturity:	Nov. 18, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any ETF gain, up to a 28% maximum return; par if ETF falls by up to 10%; otherwise, 1% loss for every 1% decline beyond 10%
Initial ETF level:	$288.02
Buffer level:	$259.22, 90% of initial level
Pricing date:	May 15
Settlement date:	May 20
Agent:	Barclays
Fees:	0%
Cusip:	06747PST7

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