Barclays plans to price digital notes linked to S&P 500, Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Sept. 16 – Barclays Bank plc plans to price 0% digital notes due Sept. 29, 2015 linked to the lower return of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level of the lesser-performing index is greater than or equal to its barrier level, 85% of its initial level, the payout at maturity will be par plus the 7% digital percentage. If the lesser-performing index finishes below the 85% barrier level, investors will be fully exposed to the decline of that index from its initial level.

Barclays is the agent.

The notes will price Sept. 17 and settle Sept. 22.

The Cusip number is 06741JW70.

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