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Published on 8/8/2017 in the Prospect News Structured Products Daily.

Barclays to price digital notes linked to S&P, Stoxx, oil & gas ETF

By Marisa Wong

Morgantown, W.Va., Aug. 8 – Barclays Bank plc plans to price 0% digital notes due Aug. 12, 2021 linked to the least performing of the S&P 500 index, the Euro Stoxx 50 index and the SPDR S&P Oil & Gas Exploration & Production exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

If each underlying asset finishes at or above its 65% barrier level, the payout at maturity will be par plus the digital return of 44%.

Otherwise, investors will be fully exposed to the decline in the worst performing asset.

Barclays is the agent.

The notes will price on Aug. 9.

The Cusip number is 06744CGH8.


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