New Issue: Barclays prices $2.27 million knock-out digital notes on Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 28 – Barclays Bank plc priced $2.27 million of 0% knock-out digital notes due Feb. 10, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

A knock-out event occurs if the index closes below the 80% knock-out on any day during the life of the notes or finishes below the knock-out level.

If a knock-out event does not occur, the payout at maturity will be par plus the digital return of 9.15%.

Otherwise, the payout will be par plus the return with any gains capped at 9.15% and full exposure to any losses.

Barclays is the underwriter with J.P. Morgan Securities LLC as the placement agent.

Issuer:	Barclays Bank plc
Issue:	Knock-out digital notes
Underlying index:	Euro Stoxx 50
Amount:	$2,265,000
Maturity:	Feb. 10, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 9.15% if index never dips or finishes below knock-out barrier; otherwise, par plus return, with any gains capped at 9.15%
Initial index level:	3,382.55
Knock-out barrier:	2,706.04, 80% of initial level
Pricing date:	Jan. 23
Settlement date:	Jan. 28
Agent:	Barclays with J.P. Morgan Securities LLC as placement agent
Fees:	1%
Cusip:	06741UPW8

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