Barclays aims to price buffered digital notes linked to S&P 500 index

By Devika Patel

Knoxville, Tenn., June 22 – Barclays Bank plc plans to price 0% buffered digital notes due July 7, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the digital percentage of 25.25%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% that the index declines beyond 10%.

Barclays is the agent.

The notes (Cusip: 06746XFX6) will price on June 29 and settle on July 9.

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