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Barclays intends to price 4% buffered notes linked to Russell 2000
By Devika Patel
Knoxville, Tenn., July 8 – Barclays Bank plc plans to price 4% buffered notes due July 31, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be payable quarterly.
Investors will receive par if the index gains, remains flat or declines by up to 15% and will lose 1% for each 1% decline beyond 15%.
Barclays is the agent.
The notes (Cusip: 06747N4V3) will price on July 26 and settle on July 31.
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