Barclays calls all $2 billion 3.392% fixed-to-floaters due 2025

By William Gullotti

Buffalo, N.Y., April 3 – Barclays plc sent a redemption notice to holders of its $2 billion of 3.932% fixed-to-floating rate notes due May 7, 2025 (Cusip: 06738EBH7), according to a 6-K filing with the Securities and Exchange Commission.

All of the notes will be redeemed on May 7 at par plus any accrued interest due from, and including, Nov. 7, 2023.

The notes would have converted to a floating rate on the redemption date.

The listing on the New York Stock Exchange will be canceled shortly after the redemption.

The notes were issued on May 7, 2019.

The bank is based in London.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.