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Barclays plans protected notes with 25% cap linked to Dow Industrials
By Susanna Moon
Chicago, June 16 - Barclays Bank plc plans to price 0% notes due June 22, 2016 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 25%.
If the index falls, the payout will be par.
Barclays Capital Inc. is the agent.
The notes will price on June 17 and settle on June 22.
The Cusip is 06738KTU5.
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