New Issue: Barclays prices $4 million buffered SuperTrack notes tied to S&P 500

By William Gullotti

Buffalo, N.Y., July 29 – Barclays Bank plc priced $4 million of 0% buffered SuperTrack notes due Nov. 25, 2022 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum payout of par plus 12%.

Investors will receive par plus the absolute value of the gain if the index falls, but not more than 10% from its initial level.

Investors will lose 1% for each 1% decline beyond the 10% buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered SuperTrack notes
Underlying index:	S&P 500
Amount:	$4 million
Maturity:	Nov. 25, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at par plus 12%; par plus absolute value of the index if it falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial level:	4,159.12
Buffer level:	3,743.21, or 90% of initial level
Pricing date:	May 20
Settlement date:	May 25
Agent:	Barclays
Fees:	0.5%
Cusip:	06748ES20

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