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Published on 6/8/2023 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Barclays Bank to redeem in full three series of perpetual floaters

By Marisa Wong

Los Angeles, June 8 – Barclays Bank plc issued a notice that it intends to redeem three series of notes in full.

Barclays Bank plans to redeem the following:

• $600 million undated floating-rate primary capital notes (ISIN: GB0000779529), with $121.23 million currently outstanding, on July 26;

• $1.2 billion undated floating-rate primary capital notes series 2 (ISIN: GB0000777705), with $254.13 million currently outstanding, on Aug. 31; and

• $600 million junior undated floating-rate notes (ISIN: GB0000784164), with $37.94 million currently outstanding, on Nov. 30.

Questions may be directed to the Barclays debt investor relations team (+44 20 7116 1000; DebtIRTeam@barclays.com).

The bank is based in London.


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