By Susanna Moon
Chicago, Dec. 15 - Barclays Bank plc priced $4 million of capped and floored floating-rate notes due Dec. 30, 2014, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is 4.25 times Libor, subject to a minimum interest rate of 1.5% and a maximum interest rate of 10%. Interest is payable quarterly.
The payout at maturity will be par.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Capped and floored floating-rate notes
|
| Amount: | $4 million
|
| Maturity: | Dec. 30, 2014
|
| Coupon: | 4.25 times Libor, subject to floor of 1.5% and cap of 10%; payable quarterly
|
| Price: | Variable prices
|
| Payout at maturity: | Par
|
| Pricing date: | Dec. 15
|
| Settlement date: | Dec. 30
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 0.5%
|
| Cusip: | 06738KD24
|
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