E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/4/2011 in the Prospect News Investment Grade Daily.

New Issue: Barclays prices $100 million three-year floaters at Libor plus 86 bps

By Angela McDaniels

Tacoma, Wash., Jan. 4 - Barclays Bank plc priced $100 million of global floating-rate medium-term notes due Jan. 13, 2014 at par to yield three-month Libor plus 86 basis points, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are non-callable.

Barclays Capital Inc. was the agent.

The financial services company is based in London.

Issuer:Barclays Bank plc
Issue:Global floating-rate medium-term notes
Amount:$100 million
Maturity:Jan. 13, 2014
Agent:Barclays Capital Inc.
Coupon:Three-month Libor plus 86 bps
Price:Par
Yield:Three-month Libor plus 86 bps
Call option:None
Trade date:Jan. 4
Settlement date:Jan. 11

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.