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

Barclays plans five-year buffered digital plus notes tied to Russell

By Susanna Moon

Chicago, June 6 – Barclays Bank plc Barclays Bank plc plans to price 0% buffered digital plus notes due April 28, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% threshold level, the payout at maturity will be par plus the greater of any gain up to a maximum return of 50% and the digital percentage of 24% to 26%.

Otherwise, investors will be exposed to any losses beyond the 15% buffer.

Barclays is the agent.

The notes will price on June 26.

The Cusip number is 06746XDN0.


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