Barclays to redeem $750 million callable floating-rate notes in June

By Toni Weeks

San Diego, May 9 - Barclays Bank plc will fully redeem its $750 million of floating-rate subordinated step-up callable notes due 2016 on June 28, according to a company filing with the London Stock Exchange.

The redemption price will be par plus accrued interest from March 28 up to the redemption date.

The cancellation of the notes will be effective on the redemption date.

Barclays is a financial services provider based in London.

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