On 20 September 2016, Barclays PLC (the "Offeror")
launched invitations to holders of certain notes set out in the
table below the (the "Notes") issued by Barclays Bank PLC to
tender such Notes for purchase by the Offeror (the
"Offers"), subject to applicable offer and distribution
restrictions.
Further to such invitations, the Offeror hereby informs the
Noteholders that, as of the Expiration Deadline for the Offers
(being 5:00 p.m. (New York City time) on
27 September 2016), the aggregate principal amount of
each Series of Notes validly tendered and to be accepted for
purchase, and the Purchase Price of each Series of Notes is as set
out in the table below, and each such Noteholder is entitled to
receive on the Settlement Date, being 30 September 2016, the
applicable Purchase Price plus any Accrued Interest Payment.
Description of Notes Issuer
CUSIP / ISIN Aggregate Principal Amount
Outstanding Aggregate Principal Amount Accepted for
Purchase Purchase Price(1) (%)
Accrued Interest per Minimum
Denomination
Subordinated Floating Rate Notes due 2040 (the "
2040 Notes")
Barclays Bank PLC XS0122679243 €100,000,000 €32,000,000 67.50 per
cent. €4.83 6.125 per cent. Undated Subordinated Notes (the
"
Undated Subordinated Notes") Barclays Bank PLC XS0145875513
£36,244,000 £2,325,000 108.50 per cent. £27.52 6.86 per
cent. Callable Perpetual Core Tier One Notes (the "
Tier One
Notes") Barclays Bank PLC 06738CAG4/ XS0155141830/ US06738CAG42
US$182,133,000 US$3,503,000 117.00 per cent. US$20.01 Junior
Undated Floating Rate Notes (the "
Undated Floating Rate
Notes") Barclays Bank PLC GB0000784164 US$202,985,000
US$71,055,000 70.00 per cent. US$21.94 Undated Floating Rate
Primary Capital Notes (the "
Series 1 Notes") Barclays Bank
PLC GB0000779529 US$335,430,000 US$168,790,000 70.00 per cent.
US$24.31
Undated Floating Rate Primary Capital
Notes Series 2 (the "Series 2 Notes")
Barclays Bank PLC GB0000777705 US$414,630,000 US$119,430,000 70.00
per cent. US$12.50 Undated Floating Rate Primary Capital
Notes Series 3 (the "
Series 3 Notes") Barclays Bank PLC
XS0015014615 £145,000,000 £124,500,000 80.00 per cent. £645.49
_____________________
(1) The Purchase Price
does not include accrued and unpaid interest
Description of Notes Issuer
CUSIP/ISIN Aggregate Principal Amount
Outstanding Aggregate Principal Amount Accepted for
Purchase Purchase Price(2) (%)
Accrued Interest per
Minimum Denomination
5.75 per cent. Fixed Rate Subordinated Notes due 2026 (the "
2026
Notes") Barclays Bank PLC XS0134886067 £455,408,000
£181,679,000 124.432 per cent. £2.52
_____________________
(2) The Purchase Price
does not include accrued and unpaid interest
The Offers remain subject to the conditions and restrictions set
out in a tender offer memorandum dated 20 September 2016 (the
"Tender Offer Memorandum") and the related notice of
guaranteed delivery. Capitalised terms used and not otherwise
defined in this announcement have the meanings given in the Tender
Offer Memorandum.
The Issuer intends to accept all Notes validly offered for
purchase, subject, inter alia, to the Noteholders having offered
for purchase the relevant Minimum Denomination and the Authorised
Denominations of the Notes in accordance with the Tender Offer
Memorandum.
The Offers have now expired and no further Notes can be tendered
for purchase.
For Further Information
A complete description of the terms and conditions of the Offers
is set out in the Tender Offer Memorandum and the related notice of
guaranteed delivery. Further details about the transaction can be
obtained from:
The Dealer Manager
Barclays Capital Inc.
745 Seventh Avenue New York, New York 10019 United States
Tel: +44 (0)20 3134 8515 or +1 (212) 528-7581 US Toll Free Number:
+1 (800) 438-3242 Email:
liability.management@barclays.com
Attention: Liability Management Group
The Tender Agent
Lucid Issuer Services Limited
Tankerton Works 12 Argyle Walk London WC1H 8HA United Kingdom
Tel: +44 20 7704 0880 Fax: +44 20 3004 1590 Attention:
Thomas Choquet / Arlind Bytyqi Email:
barclays@lucid-is.com
A copy of the Tender Offer Memorandum and the notice of
guaranteed delivery is available to eligible persons upon request
from the Tender Agent and at http://www.lucid-is.com/barclays.
DISCLAIMER
The Dealer Manager does not take any responsibility for the
contents of this announcement. This announcement must be read in
conjunction with the Tender Offer Memorandum. No offer to acquire
any Notes is being made pursuant to this announcement.
The distribution of this announcement and the Tender Offer
Memorandum in certain jurisdictions may be restricted by law.
Persons into whose possession this announcement and/or the Tender
Offer Memorandum comes are required by each of the Offeror, the
Dealer Manager and the Tender Agent to inform themselves about and
to observe any such restrictions.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160928005857/en/
Analyst and Investor InformationFurther information for
analysts and investors can be obtained from the following contacts
at Barclays:Investor RelationsLisa Bartrip, +44 (0)20 7773
0708orBarclays TreasuryMiray Muminoglu, +44 (0)20 7773
8199orMedia RelationsTom Hoskin, +44 (0)20 7116 6927
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