Barclays to price one-year digital notes linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., June 14 – Barclays Bank plc plans to price 0% digital notes due July 6, 2017 linked to the Stoxx Europe 600 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the buffer level, 90% of the initial index level, the payout at maturity will be par plus 9.16%. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

The final index level will be the average of the index’s closing levels on the five trading days ending June 30, 2017.

Barclays and J.P. Morgan Securities LLC are the agents.

The notes will price June 17.

The Cusip number is 06741V5G3.

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