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Barclays Bank to price preference shares
By Andrea Heisinger
Omaha, April 7 - Barclays Bank plc announced Monday it will price non-cumulative callable preference shares, according to a 424B5 filing with the Securities and Exchange Commission.
The shares (Aa3/A+/AA) will price Tuesday, a source close to the issue said.
They will be priced at par of $25 and will be non-callable until June 15, 2013.
Bookrunners are Barclays Capital Inc., Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Inc., UBS Investment Bank and Wachovia Capital Markets LLC.
Proceeds will be used for general corporate purposes.
The bank is based in London.
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