New Issue: Barclays Bank sells $1.25 billion 5.14% 10-year notes at 275 bps over Treasuries

By Andrea Heisinger

New York, Oct. 7 - Barclays Bank plc sold $1.25 billion of 5.14% 10-year subordinated notes late on Wednesday to yield Treasuries plus 275 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes (Baa1/A/A+) priced at 99.93 to yield 5.149%. They are non-callable except in the case of a regulatory event.

Barclays Capital Inc. was the bookrunner, with CIBC World Markets Corp., RBC Capital Markets, U.S. Bancorp Investments Inc., Fifth Third Securities, Inc., SunTrust Robinson Humphrey and Wells Fargo Securities LLC as the co-managers.

The financial services company is based in London.

Issuer:	Barclays Bank plc
Issue:	Subordinated notes
Amount:	$1.25 billion
Maturity:	Oct. 14, 2020
Bookrunner:	Barclays Capital Inc.
Co-managers:	CIBC World Markets Corp., RBC Capital Markets, U.S. Bancorp Investments Inc., Fifth Third Securities, Inc., SunTrust Robinson Humphrey, Wells Fargo Securities LLC
Coupon:	5.14%
Price:	99.93
Yield:	5.149%
Spread:	Treasuries plus 275 bps
Call:	Non-callable except for a regulatory event
Trade date:	Oct. 6
Settlement date:	Oct. 14
Ratings:	Moody's: Baa1
	Standard & Poor's: A
	Fitch: A+

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