Barclays : Results of Invitation to Purchase USD Notes (22KB)

Microsoft Word - LONDON-#524809-v3-Project_Tinkerbell_-_Results_Announcement

January 12, 2016

BARCLAYS BANK PLC INVITATION TO PURCHASE NOTES FOR CASH: ANNOUNCEMENT OF RESULTS

On January 4, 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 January 11, 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 January 14, 2016, the relevant Purchase Price plus any Accrued Interest Payment.

Description of

2.50 per cent.	06739FHT1 /	US$2,000,000,000	$1,277,324,000	60	1.171%	$1,021.89
Senior Notes	US06739FHT12

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

$10.00

due 2019

6.75 per cent. Senior Notes due 2019

06739FFS5 / US06739FFS56

US$1,597,978,000 $795,113,000 70 1.171% $1,157.94 $9.75

5.125 per cent. Senior Notes due 2020

06739GAR0 / US06739GAR02

US$1,774,363,000 $835,886,000 40 1.566% $1,120.46 $0.85

3.75 per cent. Senior Notes due 2024

06739FHV6 / US06739FHV67

US$2,250,000,000 $1,474,260,000 95 2.147% $1,047.62 $6.15

*These amounts include $3,259,000 aggregate principal amount of the 2.50 per cent. Senior Notes due 2019, $1,414,000 aggregate principal amount of the 6.75 per cent. Senior Notes due 2019, $3,256,000 aggregate principal amount of the 5.125 per cent. Senior Notes due 2020 and $984,000 aggregate principal amount of the 3.75 per cent. Senior Notes due 2024 that remain subject to guaranteed delivery procedures.

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 January 4, 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: [phone]

US Toll Free Number: [phone] Attention: Liability Management Group Email: [e-mail]

The Tender Agent

Lucid Issuer Services Limited

Tankerton Works 12 Argyle Walk

London WC1H 8HA United Kingdom

Telephone: [phone]

Toll Free Number: [phone] Attention: Thomas Choquet / Victor Parzyjagla Email: [e-mail]

Analyst and Investor Information

Further information for analysts and investors can be obtained from the following contacts at Barclays:

Investor Relations

Lisa Bartrip

Tel: [phone]

Barclays Treasury

Miray Muminoglu

Tel: [phone]

Tim Allen

Tel: [phone]

Media Relations

Mark Lane

Tel: [phone]

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.