Barclays plans buffered digital notes due 2019 linked to Russell

By Tali Rackner

Norfolk, Va., Feb. 15 – Barclays Bank plc plans to price 0% buffered digital notes due Aug. 28, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 15.75% to 16.75%. The exact digital return will be set at pricing.

If the index falls by up to its 85% buffer level, investors will receive par. Otherwise, investors will be exposed to losses beyond 15%.

Barclays is the agent.

The notes will price on Feb. 23 and settle on Feb. 28.

The Cusip number is 06741VJR4.

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