Barclays plans digital barrier notes linked to Stoxx 50, EAFE fund

By Susanna Moon

Chicago, Jan. 14 – Barclays Bank plc plans to price 0% digital barrier notes due Feb. 3, 2022 linked to the worse performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying asset closes above its initial level, the payout at maturity will be par plus the greater of the digital return of 55.5% and the gain of the worse performing index or fund.

If either underlying asset falls by up to its 65% barrier level, the payout at maturity will be par.

Otherwise, investors will receive par plus the return of the worse performing index or fund with full exposure to any losses.

Barclays is the agent.

The notes will price on Jan. 31.

The Cusip number is 06747MAU0.

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