New Issue: Barclays prices $705,000 buffered digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Sept. 4 – Barclays Bank plc priced $705,000 of 0% buffered digital notes due Aug. 31, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is equal to or greater than negative 10%, the payout at maturity will be par plus the digital percentage of 10.25%.

Otherwise, investors will be exposed to any losses beyond the 10% buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Buffered digital notes
Underlying asset:	S&P 500 index
Amount:	$705,000
Maturity:	Aug. 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is equal to or greater than negative 10%, par plus the digital percentage of 10.25%; otherwise, exposure to any losses beyond the 10% buffer
Initial level:	2,897.52
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Agent:	Barclays
Fees:	2.8%
Cusip:	06746XKN2

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