Barclays redeems $75 million of step-up fixed-rate notes due 2025

By Marisa Wong

Madison, Wis., July 25 - Barclays Bank plc said it redeemed its $75 million of outstanding step-up fixed-rate callable notes due July 23, 2025 on July 25.

The notes (Cusip: 06740PBP0) were redeemed at par plus accrued interest up to the redemption date. The notes had a coupon of 5% at the time of redemption.

The Bank of New York Mellon was the redemption agent.

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