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Published on 8/12/2016 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Barclays to redeem $750 million 6.625% preference shares Sept. 15

By Angela McDaniels

Tacoma, Wash., Aug. 12 – Barclays Bank plc will redeem its $750 million 6.625% noncumulative callable dollar preference shares, series 2, on Sept. 15, according to a noticee.

The preference shares are represented by American Depositary Shares.

The redemption price is $25 per ADS plus accrued dividends.

Barclays is a financial services company based in London.


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