New Issue: Barclays prices $25.13 million floored floating-rate notes due 2022

By Wendy Van Sickle

Columbus, Ohio, June 26 – Barclays Bank plc priced $25.13 million of floored floating-rate notes due June 27, 2022, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate is Libor plus 62 basis points, subject to a minimum interest rate of 1% per year. Interest is payable quarterly.

The payout at maturity will be par.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Floored floating-rate notes
Amount:	$25,125,000
Maturity:	June 27, 2022
Coupon:	Libor plus 62 bps, subject to minimum interest rate of 1% per year; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	June 26
Settlement date:	June 27
Agent:	Barclays
Fees:	0.26%
Cusip:	06747N3X0

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