New Issue: Barclays prices $1.12 million barrier digital notes tied to S&P, Nasdaq, Russell

Chicago, July 24 – Barclays Bank plc priced $1.12 million of 0% barrier digital notes due Aug. 22, 2024 linked to the performance of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 60% barrier level, the payout at maturity will be par plus 8.15%

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Barrier digital notes
Underlying indexes:	S&P 500 index, Nasdaq-100 index, Russell 2000 index
Amount:	$1,120,000
Maturity:	Aug. 22, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above barrier level, par plus 8.15%; otherwise, 1% loss for every 1% decline of worst performer from initial level
Initial levels:	4,565.72 for S&P, 15,826.35 for Nasdaq, 1,984.886 for Russell
Barrier levels:	2,739.43 for S&P, 9,495.81 for Nasdaq, 1,190.93 for Russell; 60% of initial levels
Pricing date:	July 19
Settlement date:	July 24
Agent:	Barclays
Fees:	0.65%
Cusip:	06745MS66

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.