Barclays redeems all $13.39 million step-up fixed-rate notes due 2025

By Marisa Wong

Madison, Wis., May 9 - Barclays Bank plc said it redeemed its $13,388,000 of outstanding step-up fixed-rate callable notes due May 6, 2025 in full on May 6.

The notes (Cusip: 06740LPQ2) were redeemed at par plus accrued interest to the redemption date. Prior to redemption, the coupon was equal to 4.5%.

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