Published on 6/20/2013 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.25 million buffered Super Track notes tied to the Dow
By Susanna Moon
Chicago, June 20 - Barclays Bank plc priced $1.25 million of 0% buffered Super Track notes due June 21, 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.07 times any index gain, up to a maximum return of 20%.
Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Buffered Super Track notes
|
Underlying index: | Dow Jones industrial average
|
Amount: | $1.25 million
|
Maturity: | June 21, 2018
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 107% of any index gain, capped at 20%; par if index falls by up to 20%; exposure to losses beyond 20%
|
Initial level: | 15,318.23
|
Pricing date: | June 18
|
Settlement date: | June 21
|
Agent: | Barclays
|
Fees: | 3.5%
|
Cusip: | 06741TXS1
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.