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: +44 (0)20 3134 8515
Email: [email protected]
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 7067 9098
Attention: Thomas Choquet / Victor Parzyjagla
Email: [email protected]
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: +44 (0)20 7773 0708
Barclays Treasury
Miray Muminoglu
Tel: +44 (0)20 7773 8199
Tim Allen
Tel: +44 (0)20 3134 6290
Media Relations
Tom Hoskin
Tel: +44 (0)20 7116 6927
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.
