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Barclays will price 4.85% buffered notes linked to Russell 2000 index
By Devika Patel
Knoxville, Tenn., Dec. 31 – Barclays Bank plc plans to sell 4.85% buffered notes due Jan. 30, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable quarterly.
Investors will receive par if the index falls by up to the 15% buffer, remains flat or gains. Otherwise, investors will lose 1% for every 1% that the index declines beyond the buffer amount.
Barclays is the agent.
The notes (Cusip: 06747M5Z5) will price Jan. 28 and settle Jan. 31.
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