Barclays plans two-year buffered digital notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., March 27 – Barclays Bank plc plans to price 0% buffered digital notes due March 29, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least negative 10%, the payout at maturity will be par plus 9% to 10%. The exact digital return will be set at pricing.

If the index falls by up to 10%, the payout will be par.

If the index falls by more than 10%, investors will lose 1% for every 1% decline beyond the buffer.

Barclays is the agent.

The notes are expected to price March 28.

The Cusip number is 06741VMV1.

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