| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Barclays plans five-year buffered digital plus notes on Russell 2000
By Marisa Wong
Morgantown, W.Va., Nov. 20 – Barclays Bank plc plans to price 0% buffered digital plus notes due Nov. 30, 2022 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index return is at least negative 15%, the payout at maturity will be par plus the greater of the digital return of 19% to 21% and the index return, capped at 50%.
Otherwise, investors will lose 1% for each 1% decline beyond 15%.
Barclays is the agent.
The notes will price Nov. 27.
The Cusip number is 06744CJ93.
© 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.