New Issue: Barclays prices $20 million 10-year capped, floored floaters on Libor

By Marisa Wong

Madison, Wis., Aug. 20 - Barclays Bank plc priced $20 million of capped and floored floating-rate notes due Aug. 26, 2020 linked to Libor, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly and will equal 1.61 times Libor, subject to a maximum rate of 8% and a minimum of 2.5% per year in each interest period.

The payout at maturity will be par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped and floored floating-rate notes
Underlying rate:	Libor
Amount:	$20 million
Maturity:	Aug. 26, 2020
Coupon:	161% of Libor, capped at 8%, floored at 2.5%; payable quarterly
Price:	Variable
Payout at maturity:	Par
Pricing date:	Aug. 20
Settlement date:	Aug. 26
Underwriter:	Barclays Capital Inc.
Fees:	0%
Cusip:	06740PMT0

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