Published on 5/4/2023 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $5.26 million buffered SuperTrack notes tied to MSCI EAFE
Chicago, May 4 – Barclays Bank plc priced $5.26 million of 0% buffered SuperTrack notes due Jan. 30, 2025 linked to the MSCI EAFE index, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum payout of par plus 29.15%.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.
Barclays is the agent.
| Issuer: | Barclays Bank plc
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| Issue: | Buffered SuperTrack notes
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| Underlying index: | MSCI EAFE index
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| Amount: | $5,260,000
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| Maturity: | Jan. 30, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 29.15%; par if the index falls by up to 20%; 1.25% loss for each 1% decline beyond 20%
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| Initial level: | 2,142.02
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| Buffer level: | 1,713.62; 80% of initial level
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| Pricing date: | April 25
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| Settlement date: | April 28
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| Agent: | Barclays
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| Fees: | None
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| Cusip: | 06745M6Q6
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