Barclays plans to price buffered digital notes linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Feb. 5 – Barclays Bank plc plans to price 0% buffered digital notes due Aug. 29, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout out maturity will be par plus the digital percentage of 15.7%. Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% index decline beyond the 15% buffer.

Barclays is the agent.

The notes (Cusip: 06741UQF4) will price Feb. 25 and settle Feb. 27.

© 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.