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Published on 6/6/2018 in the Prospect News Structured Products Daily.

Barclays plans buffered digital plus notes due 2023 on Russell 2000

By Sarah Lizee

Olympia, Wash., June 6 – Barclays Bank plc plans to price 0% buffered digital plus notes due June 29, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or falls by up to 15%, the payout at maturity will be par plus the greater of the digital return of 24% to 26% and the return up to a maximum return of 50%.

Otherwise, investors will be exposed to losses if the index falls beyond 15%.

Barclays is the agent.

The notes will price on June 26.

The Cusip number is 06746XDN0.


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