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Barclays plans to price notes due 2022 linked to S&P 500 index
By Sarah Lizee
Olympia, Wash., April 16 – Barclays Bank plc plans to price 0% notes due May 12, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, capped at par plus 17%.
If the index finishes flat or declines, the payout will be par.
Barclays is the agent.
The notes will price on May 9.
The Cusip number is 06747MPG5.
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