Last checked at 14 Jul 2023 11:40
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS. If you are in any doubt about the contents of this notice you are recommended to seek your own professional advice. For distribution only (a) in the United States, to qualified institutional buyers (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act")), and (b) outside the United States to persons other than "U.S. persons" (as defined in Regulation S of the Securities Act). Not for release, publication or distribution in or into, or to any person located or resident in, any other jurisdiction where it is unlawful to release, publish or distribute this notice.
14 July 2023
Barclays Bank PLC
Notice of Redemption and Cancellation of Listing to the Holders of
Up to U.S.$1,200,000,000 Undated Floating Rate Primary Capital Notes Series 2 ISIN: GB0000777705 (principal amount currently outstanding: U.S.$254,130,000) (the "Notes")
NOTICE IS HEREBY GIVEN by Barclays Bank PLC (the "Company") to the holders of the Notes, that the Company will fully redeem all of the outstanding Notes on 31 August 2023 (the "Redemption Date"), in accordance with Condition 4(b) (Repayment and Purchase - Optional Repayment) of the terms and conditions of the Notes (the "Conditions"), having satisfied the applicable conditions to redemption but subject to Condition 2(b) (Status and Subordination). Pursuant to the Conditions, the outstanding Notes will be redeemed on the Redemption Date at their principal amount together with interest in respect thereof accrued from, and including, 28 February 2023 to, but excluding, the Redemption Date (the "Redemption Amount"). There are no Arrears of Interest outstanding in respect of the Notes.
Payment of the Redemption Amount will be made on 31 August 2023 through the relevant clearing systems. Pursuant to Condition 4(d) (Repayment and Purchase - Cancellation and Re-Sale), all Notes so redeemed will be cancelled together with all unmatured Coupons and Talons attached thereto or surrendered therewith. Accordingly, the listing of the Notes on the Official List of the Financial Conduct Authority and the admission of the Notes to trading on the Regulated Market of the London Stock Exchange plc will be cancelled on, or shortly after, 31 August 2023.
Terms used but not defined in this notice shall have the meanings given to them in the Conditions.
Should any holder of the Notes have any queries in relation to this notice of redemption please contact:
Barclays Debt Investor Relations Team
Barclays Bank PLC
1 Churchill Place
London E14 5HP
United Kingdom
+44 20 7116 1000
Email: DebtIRTeam@barclays.com
This notice of redemption is issued and directed only to the holders of the Notes and no other person shall, or is entitled to, rely or act on, or be able to rely or act on, its contents, and it should not be relied upon by any holder of Notes for any other purpose.