Barclays to price 3.5-year buffered digital notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Nov. 20 – Barclays Bank plc plans to price 0% buffered digital notes due May 28, 2021 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index return is at least negative 15%, the payout at maturity will be par plus the digital return of 16% to 18%.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

Barclays is the agent.

The notes will price Nov. 27.

The Cusip number is 06744CJ85.

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