Barclays to price buffered digital notes on Nasdaq, Dow

By Sarah Lizee

Olympia, Wash., Aug. 17 – Barclays Bank plc plans to price 0% buffered digital notes due Sept. 23, 2021 linked to the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index gains, finishes flat or declines by no more than 10%, the payout at maturity will be par plus the digital percentage of 11.7%.

Otherwise, investors will be exposed to any losses of the lesser performing index beyond the 10% buffer.

Barclays is the agent.

The notes will price on Aug. 18.

The Cusip number is 06747QE78.

© 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.