Barclays to early redeem in full two series of notes due 2023

By Mary-Katherine Stinson

Lexington, Ky., Dec. 16 – Barclays plc will redeem in full its $1.5 billion 3.684% fixed-rate senior notes due 2023 (ISIN: US06738EAS46) and its $750 million floating-rate senior notes due 2023 (ISIN: US06738EAT29) on Jan. 10, according to a 6-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus accrued and unpaid interest from and including July 10 for the fixed-rate notes and Oct. 10 for the floating-rate notes, up to but excluding the redemption date.

On the redemption date interest will cease to accrue and all rights of the noteholders will cease and no notes will remain outstanding.

On Jan. 10 or soon thereafter the listing and admission of notes to trading on the regulated market of the New York Stock Exchange will be canceled.

Noteholders may obtain payment from Bank of New York Mellon (corpsov1@bnymellon.com).

Barclays is a London-based multinational investment bank and financial services company.

© 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.