Barclays Bank PLC Invitation to Purchase Notes for Cash: Announcement of Results
August 11 2016 - 11:43AM
Business Wire
On August 3, 2016, Barclays Bank PLC (the “Issuer”)
launched invitations to holders of certain notes set out in the
table below (the “Notes”) 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
(5:00 p.m. (New York City time) on August 10, 2016), the aggregate
principal amount of each Series of Notes validly tendered and to be
accepted for purchase (including amounts of Notes that remain
subject to guaranteed delivery procedures), 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,
expected to be August 15, 2016, the relevant Purchase Price plus
any Accrued Interest Payment.
Description of Notes CUSIP/ISIN Aggregate Principal
Amount Outstanding Aggregate Principal Amount Accepted for
Purchase Fixed Spread (Basis Points) Yield on
Reference U.S. Treasury Security Purchase Price per US$1,000
Principal Amount Accrued Interest per US$1,000 Principal
Amount 2.50 per cent. Senior Notes due 2019 06739FHT1 /
US06739FHT12 US$503,705,000 US$113,836,000 105 0.807% US$1,015.72
US$12.15 6.75 per cent. Senior Notes due 2019 06739FFS5 /
US06739FFS56 US$661,748,000 US$66,659,000 115 0.807% US$1,128.55
US$15.56 5.125 per cent. Senior Notes due 2020 06739GAR0 /
US06739GAR02 US$844,403,000 US$84,612,000 95 1.083% US$1,100.98
US$5.27 3.75 per cent. Senior Notes due 2024 06739FHV6 /
US06739FHV67 US$668,823,000 US$77,080,000 120 1.526% US$1,071.07
US$9.38
The Issuer intends to accept all Notes validly tendered for
purchase, subject, among other things, to the relevant Noteholder
having tendered for purchase the relevant Minimum Denomination of
Notes. All Notes purchased pursuant to the Offers will be
cancelled.
The Offers have now expired and no further Notes can be tendered
for purchase.
The Offers remain subject to the conditions and restrictions set
out in a tender offer memorandum dated August 3, 2016 (the
“Tender Offer Memorandum”) and the related notice of
guaranteed delivery. Capitalized terms used and not otherwise
defined in this announcement have the meanings given in the Tender
Offer Memorandum.
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
Telephone: +1 (212) 528-7581 US Toll Free Number: +1 (800) 438-3242
Attention: Liability Management Group
Email: us.lm@barclays.com
The Tender Agent
Lucid Issuer Services Limited
Tankerton Works 12 Argyle Walk London WC1H 8HA United Kingdom
Telephone: +44 20 7704 0880 Toll Free Number: +1 (800) 495 5148
Attention: Thomas Choquet / Yves Theis
Email: barclays@lucid-is.com
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 securities 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160811005815/en/
Analyst and Investor InformationFurther information for
analysts and investors can be obtained from the following contacts
at Barclays:Investor RelationsLisa BartripTel: +44 (0) 20
7773 0708orBarclays TreasuryMiray MuminogluTel: +44 (0) 20
7773 8199orTim AllenTel: +44 (0) 20 3134 6290orMedia
RelationsMark LaneTel: +1 212 412 1413
Barclays (NYSE:BCS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Barclays (NYSE:BCS)
Historical Stock Chart
From Apr 2023 to Apr 2024