Filed Pursuant to Rule 424(b)(2)
Registration No. 333-223156
Prospectus Supplement to Prospectus dated April 6, 2018
$1,250,000,000 4.338%
Fixed-to-Floating
Rate Senior Notes due 2024
$1,750,000,000 4.972%
Fixed-to-Floating
Rate Senior Notes due
2029
$1,500,000,000 Floating Rate Senior Notes due 2024
Barclays PLC
We, Barclays PLC (the
Issuer or Barclays), are issuing $1,250,000,000 aggregate principal amount of 4.338%
Fixed-to-Floating
Rate Senior Notes due 2024 (the 2024
fixed-to-floating
rate notes), $1,750,000,000 aggregate principal amount of 4.972%
Fixed-to-Floating
Rate Senior Notes due 2029 (the 2029
fixed-to-floating
rate
notes and, together with the 2024
fixed-to-floating
rate notes, the
fixed-to-floating
rate notes) and
$1,500,000,000 aggregate principal amount of Floating Rate Senior Notes due 2024 (the floating rate notes and, together with the
fixed-to-floating
rate
notes, the notes).
From (and including) the date of issuance, interest will accrue on the 2024
fixed-to-floating
rate notes at a rate of 4.338% per annum until (but excluding) May 16, 2023, (the 2024
Fixed-to-Floating
Rate Par Redemption Date) and on the 2029
fixed-to-floating
rate
notes at a rate of 4.972% per annum until (but excluding) May 16, 2028 (the 2029
Fixed-to-Floating
Rate Par Redemption Date and, with the 2024
Fixed-to-Floating
Rate Par Redemption Date, each a
Fixed-to-Floating
Rate Par Redemption
Date). From (and including) the 2024
Fixed-to-Floating
Rate Par Redemption Date, interest will accrue on the 2024
fixed-to-floating
rate notes at a floating rate equal to the three-month U.S. dollar London Interbank Offered Rate (LIBOR), reset quarterly, plus 1.356% per annum. From (and including) the 2029
Fixed-to-Floating
Rate Par Redemption Date, interest will accrue on the 2029
fixed-to-floating
rate notes at a floating rate equal to LIBOR, reset quarterly, plus 1.902% per annum. From (and including) the date of issuance, interest will accrue on the floating rate notes at a floating rate equal to LIBOR, reset quarterly, plus 1.380% per
annum.
For the 2024
fixed-to-floating
rate notes, interest will be
payable semi-annually in arrear on May 16 and November 16 in each year, commencing November 16, 2018, until (and including) the 2024
Fixed-to-Floating
Rate Par Redemption Date, and, thereafter, quarterly in arrear on August 16, 2023, November 16, 2023, February 16, 2024 and the 2024
Fixed-to-Floating
Rate Maturity Date (as defined below). For the 2029
fixed-to-floating
rate notes, interest will be payable semi-annually in arrear on May 16 and November 16 in
each year, commencing November 16, 2018, until (and including) the 2029
Fixed-to-Floating
Rate Par Redemption Date, and, thereafter, quarterly in arrear on
August 16, 2028, November 16, 2028, February 16, 2029 and the 2029
Fixed-to-Floating
Rate Maturity Date (as defined below). For the floating rate notes,
interest will be payable quarterly in arrear on February 16, May 16, August 16 and November 16 in each year, commencing on August 16, 2018 and ending on the Floating Rate Maturity Date (as defined below).
The notes will constitute our direct, unconditional, unsecured and unsubordinated obligations ranking
pari passu
without any preference among
themselves. In the event of our
winding-up
or administration, the notes will rank
pari passu
with all our other outstanding unsecured and unsubordinated obligations, present and future, except such
obligations as are preferred by operation of law.
We may, at our option, redeem (i) each series of the
fixed-to-floating
rate notes, in whole or in part, pursuant to the Make-Whole Redemption (as defined below) at any time on or after November 16, 2018 (six months following the Issue Date (as defined
below) of the
fixed-to-floating
rate notes) until (but excluding) the applicable
Fixed-to-Floating
Rate Par Redemption Date and/or (ii) each series of the
fixed-to-floating
rate notes and/or floating rate notes, in whole of such series but not in part, pursuant to the relevant Par Redemption (as