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Published on 11/9/2011 in the Prospect News Liability Management Daily.

Barclays to redeem €806 million in zero-coupon notes due 2041

By Tali David

Minneapolis, Nov. 9 - Barclays Bank plc announced the full redemption of €580 million of its callable zero-coupon notes due Nov. 19, 2041 and €226 million of a second series of callable zero-coupon notes due Nov. 19, 2041.

The €580 million notes will be redeemed at a price of 15.951 while the €226 million notes will be redeemed at a price of 16.269, according to a filing with the London Stock Exchange.

The notes will be redeemed on Nov. 19.

Barclays is a London-based banking and financial services company.


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