Barclays PLC Results of invitation to purchase Notes for cash (0958L)
September 28 2016 - 7:45AM
UK Regulatory
TIDMBARC TIDM96ES
RNS Number : 0958L
Barclays PLC
28 September 2016
28 September 2016
BARCLAYS PLC INVITATION TO PURCHASE NOTES FOR CASH: ANNOUNCEMENT
OF RESULTS
On 20 September 2016, Barclays PLC (the "Offeror") launched
invitations to holders of certain notes set out in the table below
the (the "Notes") issued by Barclays Bank PLC to tender such Notes
for purchase by the Offeror (the "Offers"), subject to applicable
offer and distribution restrictions.
Further to such invitations, the Offeror hereby informs the
Noteholders that, as of the Expiration Deadline for the Offers
(being 5:00 p.m. (New York City time) on 27 September 2016), the
aggregate principal amount of each Series of Notes validly tendered
and to be accepted for purchase, and the Purchase Price of each
Series of Notes is as set out in the table below, and each such
Noteholder is entitled to receive on the Settlement Date, being 30
September 2016, the applicable Purchase Price plus any Accrued
Interest Payment.
Aggregate
Aggregate Principal Accrued
Principal Amount Interest per
Description of Amount Accepted for Purchase Minimum
Notes Issuer CUSIP / ISIN Outstanding Purchase Price(1) (%) Denomination
-------------------- -------------- --------------- --------------- --------------- ------------- --------------
Subordinated
Floating Rate
Notes due 2040 Barclays Bank 67.50 per
(the "2040 Notes") PLC XS0122679243 EUR100,000,000 EUR32,000,000 cent. EUR4.83
6.125 per cent. Barclays Bank XS0145875513 GBP36,244,000 GBP2,325,000 108.50 per GBP27.52
Undated PLC cent.
Subordinated Notes
(the "Undated
Subordinated
Notes")
6.86 per cent. Barclays Bank 06738CAG4/ US$182,133,000 US$3,503,000 117.00 per US$20.01
Callable Perpetual PLC XS0155141830/ cent.
Core Tier One US06738CAG42
Notes (the "Tier
One Notes")
Junior Undated Barclays Bank GB0000784164 US$202,985,000 US$71,055,000 70.00 per US$21.94
Floating Rate PLC cent.
Notes (the
"Undated Floating
Rate Notes")
Undated Floating Barclays Bank GB0000779529 US$335,430,000 US$168,790,000 70.00 per US$24.31
Rate Primary PLC cent.
Capital Notes (the
"Series 1 Notes")
Undated Floating Barclays Bank GB0000777705 US$414,630,000 US$119,430,000 70.00 per US$12.50
Rate Primary PLC cent.
Capital Notes
Series 2 (the
"Series 2 Notes")
Undated Floating Barclays Bank XS0015014615 GBP145,000,000 GBP124,500,000 80.00 per GBP645.49
Rate Primary PLC cent.
Capital Notes
Series 3 (the
"Series 3 Notes")
_______________
(1) The Purchase Price does not include accrued and unpaid interest
Aggregate
Aggregate Principal Accrued
Principal Amount Interest per
Description of Amount Accepted for Purchase Minimum
Notes Issuer CUSIP/ISIN Outstanding Purchase Price(2) (%) Denomination
------------------- --------------- ------------- --------------- --------------- -------------- ---------------
5.75 per cent. Barclays Bank XS0134886067 GBP455,408,000 GBP181,679,000 124.432 per GBP2.52
Fixed Rate PLC cent.
Subordinated Notes
due 2026 (the
"2026 Notes")
_______________
(2) The Purchase Price does not include accrued and unpaid interest
The Offers remain subject to the conditions and restrictions set
out in a tender offer memorandum dated 20 September 2016 (the
"Tender Offer Memorandum") and the related notice of guaranteed
delivery. 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 Denomination and the Authorised
Denominations of the Notes in accordance with the Tender Offer
Memorandum.
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 and the related notice of
guaranteed delivery. Further details about the transaction can be
obtained from:
The Dealer Manager
Barclays Capital Inc.
745 Seventh Avenue
New York, New York 10019
United States
Tel: +44 (0)20 3134 8515 or +1 (212) 528-7581
US Toll Free Number: +1 (800) 438-3242
Email: liability.management@barclays.com
Attention: Liability Management Group
The Tender Agent
Lucid Issuer Services Limited
Tankerton Works
12 Argyle Walk
London WC1H 8HA
United Kingdom
Tel: +44 20 7704 0880
Fax: +44 20 3004 1590
Attention: Thomas Choquet / Arlind Bytyqi
Email: barclays@lucid-is.com
A copy of the Tender Offer Memorandum and the notice of
guaranteed delivery is available to eligible persons upon request
from the Tender Agent and at http://www.lucid-is.com/barclays.
Analyst and Investor Information
Further information for analysts and investors can be obtained
from the following contacts at Barclays:
Investor Relations
Lisa Bartrip
Tel: +44 (0)20 7773 0708
Barclays Treasury
Miray Muminoglu
Tel: +44 (0)20 7773 8199
Media Relations
Tom Hoskin
Tel: +44 (0)20 7116 6927
DISCLAIMER
The Dealer Manager does not take any 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 Offeror, the
Dealer Manager and the Tender Agent to inform themselves about and
to observe any such restrictions.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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