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Published on 2/27/2018 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $5.67 million buffered SuperTrack notes tied to indexes

By Susanna Moon

Chicago, Feb. 27 – Barclays Bank plc priced $5.67 million of 0% buffered SuperTrack notes due June 15, 2023 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its 87% threshold level, the payout at maturity will be par plus the lesser of any gain of the worse performing index plus 13% and 1.9 times any gain of the worse performing index up to a maximum return of 76%.

Otherwise, investors will receive par plus the return of the worse performing index plus 13%.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack notes
Underlying indexes:Russell 2000, S&P 500
Amount:$5,667,000
Maturity:June 15, 2023
Coupon:0%
Price:Par
Payout at maturity:If each index closes at or above 87% threshold, par plus lesser of any gain of worse performing index plus 13% and 1.9 times any gain of worse performing index up to a maximum return of 76%; otherwise, par plus return of worse performing index plus 13%
Initial levels:1,507.97 for Russell, 2,681.66 for S&P
Pricing date:Feb. 7
Settlement date:Feb. 12
Agent:Barclays
Fees:1%
Cusip:06744CW80

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