REG - Barclays Bank PLC Barclays PLC - Results of invitation to purchase Notes for cash <Origin Href="QuoteRef">BARC.L</Origin>

BarclaysAnnouncement

11/08/2016 15:45

RNS Number : 9757G
Barclays Bank PLC
11 August 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.
11 August 2016
BARCLAYS BANK PLC INVITATION TO PURCHASE NOTES FOR CASH: ANNOUNCEMENT OF RESULTS
On 3 August 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 10 August 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 15 August 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
1,242,503,000
7,200,000
N/A
0.00%
1,145.98
0.27
2.125 per cent. Notes due 2021
XS1035751764
633,741,000
49,700,000
N/A
0.00%
1,096.21
10.04
2.25 per cent. Notes due 2024 
XS1075218799
606,350,000
15,775,000
Euro interpolated Mid-Swap Rate
0.362%
1,145.29
4.07
5.75 per cent. Notes due 2021 
XS0446381930
110,615,000
10,598,000
1.50 per cent. UK Treasury Stock due 2021 (ISIN: GB00BYY5F581)
0.656%
1,250.03
57.19
The Offers remain subject to the conditions and restrictions set out in a tender offer memorandum dated 3 August 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: eu.lm@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 7067 9098
Attention:  Yves Theis / Thomas Choquet
Email:  barclays@lucid-is.com
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 4755
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.

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