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Published on 6/3/2020 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.03 million SuperTrack notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 3 – Barclays Bank plc priced $4.03 million of 0% SuperTrack notes due July 29, 2021 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 3 times any index gain, up to a maximum of par plus 18.35%.

Otherwise, investors will be fully exposed to any decline of the index.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:SuperTrack notes
Underlying index:S&P 500 index
Amount:$4,032,000
Maturity:July 29, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 3 times any index gain, up to a maximum of par plus 18.35%; otherwise, full exposure to losses
Initial index level:2,991.77
Pricing date:May 26
Settlement date:May 29
Agent:Barclays
Fees:2.35%
Cusip:06747PT90

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