Barclays calls $117.15 million of 7.434% step-up callable perpetuals

By Susanna Moon

Chicago, Nov. 13 – Barclays Bank plc issued a redemption notice for its $117,151,000 of outstanding $1.25 billion 7.434% step-up callable perpetual reserve capital instruments.

The perpetuals will be redeemed at par on Dec. 15 plus accrued interest to but excluding the redemption date, according to a company notice.

The bank is based in London.

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