By Wendy Van Sickle
Columbus, Ohio, Aug. 7 – Barclays Bank plc priced $5 million of floored floating-rate notes due July 31, 2026 linked to three-month Libor, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be payable quarterly at a rate equal to Libor plus 106 basis points with a floor of 0.75%.
The payout at maturity will be par.
Barclays Capital Inc. is the agent.
Issuer: | Barclays Bank plc
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Issue: | Floored floating-rate notes
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Amount: | $5 million
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Maturity: | July 31, 2026
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Coupon: | Libor plus 106 basis points with floor of 0.75%; payable quarterly
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Price: | Par
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Payout at maturity: | Par
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Pricing date: | July 29
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Settlement date: | July 31
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Agent: | Barclays
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Fees: | 0.6%
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Cusip: | 06747QBN6
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