Results of invitation to purchase Notes for cash

RNS Number : 6445L

Barclays PLC

12 January 2016

 

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

12 January 2016

BARCLAYS BANK PLC INVITATION TO PURCHASE NOTES FOR CASH: ANNOUNCEMENT OF RESULTS

On 4 January 2016, Barclays Bank PLC (the "Issuer") launched invitations to holders of certain Notes (as set out in the table below) issued by the Issuer to tender such Notes for purchase by the Issuer (the "Offers"), subject to applicable offer and distribution restrictions.

Further to such invitations, the Issuer hereby informs the Noteholders that, as of the Expiration Deadline for the Offers (being 4:00 p.m. (London time) on 11 January 2016), the aggregate principal amount of each series of Notes validly tendered and to be accepted for purchase, and the pricing of the Offers is as set out in the table below, and each such Noteholder is entitled to receive on the Settlement Date, being 14 January 2016, the Purchase Price plus any Accrued Interest Payment.

Description of Notes	ISIN Numbers	Aggregate Principal Amount Outstanding	Aggregate Principal Amount accepted for Purchase	Benchmark Rate / Benchmark Security Rate	Purchase Yield	Purchase Price per €1,000 / £1,000 Principal Amount	Accrued Interest per €1,000 / £1,000 Principal Amount
4.875 per cent. Notes due 2019	XS0445843526	€1,482,885,000	€150,642,000	0.069%	0.019%	€1173.73	€20.51
2.125 per cent. Notes due 2021	XS1035751764	€1,250,000,000	€435,020,000	0.273%	0.523%	€1080.60	€18.86
2.25 per cent. Notes due 2024	XS1075218799	€1,000,000,000	€257,577,000	0.723%	1.173%	€1085.69	€13.40
5.75 per cent. Notes due 2021	XS0446381930	£403,174,000	£221,768,000	1.247%	1.906%	£1201.88	£23.57

The Offers remain subject to the conditions and restrictions set out in a tender offer memorandum dated 4 January 2016 (the "Tender Offer Memorandum"). Capitalised terms used and not otherwise defined in this announcement have the meanings given in the Tender Offer Memorandum.

The Issuer intends to accept all Notes validly offered for purchase, subject, inter alia, to the Noteholders having offered for purchase the relevant minimum specified denominations of the Notes in accordance with the Tender Offer Memorandum. All Notes purchased pursuant to the Offers will be cancelled.

The Offers have now expired and no further Notes can be tendered for purchase.

For Further Information

A complete description of the terms and conditions of the Offers is set out in the Tender Offer Memorandum.  Further details about the transaction can be obtained from:

The Dealer Manager

Barclays Bank PLC

5 The North Colonnade

Canary Wharf

London E14 4BB

Tel:                       [phone]

Email:                   [e-mail]

Attention:              Liability Management Group

The Tender Agent

Lucid Issuer Services Limited

Tankerton Works

12 Argyle Walk

London WC1H 8HA

United Kingdom

Tel:                       [phone]

Fax:                      [phone]

Attention:              Thomas Choquet / Victor Parzyjagla

Email:                          [e-mail]

A copy of the Tender Offer Memorandum is available to eligible persons upon request from the Tender Agent.

Analyst and Investor Information

Further information for analysts and investors can be obtained from the following contacts at Barclays:

Investor Relations

Lisa Bartrip

Tel: [phone]

Barclays Treasury

Miray Muminoglu

Tel: [phone]

Tim Allen

Tel: [phone]

Media Relations

Tom Hoskin

Tel: [phone]

DISCLAIMER

The Dealer Manager does not take responsibility for the contents of this announcement. This announcement must be read in conjunction with the Tender Offer Memorandum. No offer to acquire any Notes is being made pursuant to this announcement.

The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Issuer, the Dealer Manager and the Tender Agent to inform themselves about and to observe any such restrictions.

 

END

 

 

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