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Barclays plans to price buffered digital notes linked to Russell 2000
By Angela McDaniels
Tacoma, Wash., Feb. 6 – Barclays Bank plc plans to price 0% buffered digital notes due Aug. 28, 2017 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 at maturity will be par plus 15.7%. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.
Barclays is the agent.
The notes will price Feb. 25 and settle Feb. 27.
The Cusip number is 06741UQF4.
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