NOT FOR DISTRIBUTION IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT
LONDON, Dec. 18, 2023 — On December 11, 2023, Barclays PLC (the “Issuer“) launched an invitation to holders (the “Noteholders“) of the notes set out in the table below (the “Notes“) issued by the Issuer to tender any and all of the Notes for purchase by the Issuer for cash (the “Offer“), subject to applicable offer and distribution restrictions.
Further to such invitation, the Issuer hereby informs the Noteholders that, as of the Expiration Deadline for the Offer (5:00 p.m. (New York City time) on December 15, 2023), the aggregate principal amount of Notes validly tendered and to be accepted for purchase (including US$504,000 of Notes that remain subject to guaranteed delivery procedures) and the Purchase Price of the Notes are as set out in the table below, and each such Noteholder who validly tendered Notes accepted for purchase is entitled to receive the Purchase Price plus any Accrued Interest Payment in cash on the Settlement Date, expected to be December 20, 2023.
|
Description of |
CUSIP/ISIN |
Aggregate Principal |
|
Fixed |
|
Purchase Price |
|
4.375% Fixed Rate |
06738E AC9 / |
US$1,250,000,000 |
US$763,648,000 |
0 |
5.135 % |
US$994.59 |
(1) Plus Accrued Interest.
The Issuer intends to accept all Notes validly tendered for purchase, subject, among other things, to the relevant Noteholder having tendered for purchase the Minimum Denomination of Notes. All Notes purchased pursuant to the Offer will be cancelled. Notes which have not been validly submitted and accepted for purchase pursuant to the Offer will remain outstanding.
The Offer has now expired and no further Notes can be tendered for purchase.
The Offer remains subject to the conditions and restrictions set out in a tender offer memorandum dated December 11, 2023 (the “Tender Offer Memorandum“) and the related notice of guaranteed delivery. Capitalized terms used and not otherwise defined in this announcement have the meanings given to them in the Tender Offer Memorandum.
For Further Information
A complete description of the terms and conditions of the Offer is set out in the Tender Offer Memorandum and the related notice of guaranteed delivery. Further details about the transaction can be obtained from:
The Dealer Manager
Barclays Capital Inc.
745 Seventh Avenue
New York, New York 10019
United States
Telephone: +1 (212) 528-7581
US Toll Free Number: +1 (800) 438-3242
Attention: Liability Management Group
Email: [email protected]
The Tender Agent
Global Bondholder Services Corporation
65 Broadway – Suite 404
New York, New York 10006
United States
Telephone: +1 (212) 430-3774
U.S. Toll Free Number: +1 (855) 654-2014
Fax: +1 (212) 430-3775
Attention: Corporation Actions
Email: [email protected]
DISCLAIMER
The Dealer Manager does not take any responsibility for the contents of this announcement. This announcement must be read in conjunction with the Tender Offer Memorandum. No offer to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Issuer, the Dealer Manager and the Tender Agent to inform themselves about and to observe any such restrictions.
SOURCE Barclays PLC
