Barclays to price buffered digital plus notes linked to the Dow

By Angela McDaniels

Tacoma, Wash., Feb. 6 - Barclays Bank plc plans to price 0% buffered digital plus notes due Aug. 31, 2015 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or greater, the payout at maturity will be par plus the greater of the digital percentage and the index return. The digital percentage is expected to be 15% to 20% and will be set at pricing. Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% that it declines beyond 20%.

The notes (Cusip: 06738KM32) will price Feb. 27 and settle Feb. 29.

Barclays Capital Inc. is the agent.

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