Barclays to price digital notes linked to the Stoxx Europe 600 index

By Devika Patel

Knoxville, Tenn., Feb. 7 – Barclays Bank plc plans to price 0% digital notes due May 16, 2018 linked to the Stoxx Europe 600 index, according to an FWP filing with the Securities and Exchange Commission.

If the index finishes at or above the 85% barrier level, the payout at maturity will be par of $1,000 plus the digital return of 9.35%, subject to a maximum payment of $1,093.50 per $1,000 of notes.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

The notes (Cusip: 06741VKJ0) will price on Feb. 10 and settle Feb. 15.

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