New Issue: Barclays prices $9.7 million more fixed-to-floaters with 3.625% initial rate

By Jennifer Chiou

New York, June 22 - Barclays Bank plc priced another $9.7 million of floored fixed-to-floating notes due June 26, 2017, upsizing the total amount to $11.7 million, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon will be 3.625% for the first year. After that, the rate will be Libor plus 150 basis points, with a minimum interest rate of 1.75%. Interest is payable quarterly.

The payout at maturity will be par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Floored fixed-to-floating notes
Amount:	$11.7 million (upsized from original $2 million)
Maturity:	June 26, 2017
Coupon:	Initially 3.625%; beginning on June 26, 2013, Libor plus 150 bps, floor of 1.75%; payable quarterly
Price:	Variable
Payout at maturity:	Par
Pricing date:	June 4 for original $2 million
Upsize date:	June 21
Settlement date:	June 26
Agent:	Barclays Capital Inc.
Fees:	1.75%
Cusip:	06741TAQ0

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