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Barclays PLC — Capital/Financing Update 2012
Oct 5, 2012
5250_rns_2012-10-05_496e56d9-99a3-4ee2-aeda-6c433a437ff3.pdf
Capital/Financing Update
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BARCLAYS BANK PLC
(Incorporated with limited liability in England and Wales)
BARCLAYS CAPITAL (CAYMAN) LIMITED
(Incorporated with limited liability in the Cayman Islands)
GLOBAL STRUCTURED SECURITIES PROGRAMME
for the issue of Securities
BARCLAYS BANK PLC
AUD 20,000,000 Fixed Rate Notes due October 2022
Series NX000107568
under the Global Structured Securities Programme
Issue Price: 100 per cent. of par
This document constitutes the final terms of the Notes (the "Final Terms") described herein for the purposes of Article 5.4 of Directive 2003/71/EC (the "Prospectus Directive") and is prepared in connection with the Global Structured Securities Programme established by Barclays Bank PLC (the "Bank") and Barclays Capital (Cayman) Limited ("BCCL") and is supplemental to and should be read in conjunction with the Base Prospectus dated 14 June 2012, as supplemented and amended from time to time, which constitutes a base prospectus (the "Base Prospectus") for the purpose of the Prospectus Directive. Full information on the Issuer and the offer of the Securities is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for viewing during normal business hours at the registered office of the Issuer and the specified office of the Issue and Paying Agent for the time being in London, and copies may be obtained from such office. Words and expressions defined in the Base Prospectus and not defined in this document shall bear the same meanings when used herein.
The Issuer accepts responsibility for the information contained in these Final Terms. To the best of its knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in these Final Terms is in accordance with the facts and does not contain anything likely to affect the import of such information.
Investors should refer to the sections headed "Risk Factors" in the Base Prospectus for a discussion of certain matters that should be considered when making a decision to invest in the Securities.
Barclays
Final Terms dated 2 October 2012
The distribution of this document and the offer of the Securities in certain jurisdictions may be restricted by law. Persons into whose possession these Final Terms come are required by the Bank to inform themselves about and to observe any such restrictions. Details of selling restrictions for various jurisdictions are set out in "Purchase and Sale" in the Base Prospectus. In particular, the Securities have not been, and will not be, registered under the US Securities Act of 1933, as amended, and are subject to US tax law requirements. Trading in the Securities has not been approved by the US Commodity Futures Trading Commission under the US Commodity Exchange Act of 1936, as amended. Subject to certain exceptions, the Securities may not at any time be offered, sold or delivered in the United States or to US persons, nor may any US persons at any time trade or maintain a position in such Securities.
Part A
Terms and Conditions of the Securities
The Securities shall have the following terms and conditions, which shall complete, modify and/or amend the Base Conditions and/or any applicable Relevant Annex(es) set out in the Base Prospectus dated 14 lune 2012.
| Issuer: | Barclays Bank PLC |
|---|---|
| Guarantor: | N/A |
| Managers: | Barclays Bank PLC |
| Determination Agent: | Barclays Bank PLC |
| Issue and Paying Agent: | The Bank of New York Mellon |
| Stabilising Manager: | N/A |
| Registrar: | N/A |
| Italian Securities Agent: | N/A |
| CREST Agent: | N/A |
| Paying Agents: | N/A |
| Transfer Agent: | N/A |
| Exchange Agent: | N/A |
| Additional Agents: | N/A |
THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"). SUBJECT TO CERTAIN EXCEPTIONS, THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, US PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT ("REGULATION S")). THESE FINAL TERMS HAVE BEEN PREPARED BY THE ISSUER FOR USE IN CONNECTION WITH THE OFFER AND SALE OF THE SECURITIES OUTSIDE THE UNITED STATES TO NON-US PERSONS IN RELIANCE ON REGULATION S AND FOR LISTING OF THE SECURITIES ON THE RELEVANT STOCK EXCHANGE, IF ANY, AS STATED HEREIN. FOR A DESCRIPTION OF THESE AND CERTAIN FURTHER RESTRICTIONS ON OFFERS AND SALES OF THE SECURITIES AND DISTRIBUTION OF THESE FINAL TERMS AND THE BASE PROSPECTUS, SEE "PURCHASE AND SALE" IN THE BASE PROSPECTUS.
| $\mathbf{1}$ | Series: | NX000107568 | ||
|---|---|---|---|---|
| 2 | Currency: | Australian Dollar ("AUD") | ||
| 3 | Notes: | Applicable | ||
| (i) | Aggregate Nominal Amount as at the Issue Date: |
AUD 20,000,000 | ||
| (ii) | Specified Denomination: | AUD 100,000 | ||
| (iii) | Minimum Tradable Amount: | N/A | ||
| (iv) | Calculation Amount as at the Issue Date: |
Specified Denomination | ||
| For the purposes hereof, all references in the Conditions to "Calculation Amount per Security" shall be construed as references to "Calculation Amount" as defined in these Final Terms. |
||||
| (v) | Provisions relating to redenomination: |
N/A | ||
| 4 | Certificates: | N/A | ||
| 5 | Form: | |||
| (i) | Global/Definitive/Uncertificated and dematerialised: |
Global Bearer Securities: Permanent Global Security |
||
| (ii) | NGN Form: | N/A | ||
| (iii) | Held under the NSS: | N/A | ||
| (iv) | CGN Form: | Applicable | ||
| (v) | CDIs: | N/A | ||
| 6 | Trade Date: | 17 September 2012 | ||
| 7 | Issue Date: | 2 October 2012 | ||
| 8 | Redemption Date: | 2 October 2022, subject to adjustment in accordance with the Business Day Convention |
||
| 9 | Issue Price: | 100 per cent. of the Aggregate Nominal Amount | ||
| 10 | Relevant Stock Exchange: | London Stock Exchange | ||
| 11 | The following Relevant Annex(es) shall apply to the Securities: |
N/A | ||
| 12 | Interest: | Applicable | ||
| 13 | Interest Amount: | As per Conditions 4 and 24 of the Base Conditions | ||
| 14 | Interest Rate: | |||
| (i) | Fixed Rate: | 6.00 per cent. per annum | ||
| (ii) | Floating Rate: | N/A |
| (iii) | Variable Rate: | N/A | ||
|---|---|---|---|---|
| (iv) | Zero Coupon: | N/A | ||
| (v) | Bond Linked Securities - Fixed Coupon: |
N/A | ||
| (vi) | Bond Linked Securities - Pass Through Interest: |
N/A | ||
| 15 | Screen Rate Determination: | N/A | ||
| 16 | ISDA Determination: | N/A | ||
| 17 | Margin: | N/A | ||
| 18 | Minimum/Maximum Interest Rate: | N/A | ||
| 19 | Interest Commencement Date: | Issue Date | ||
| 20 | Interest Determination Date: | N/A | ||
| 21 | Interest Calculation Periods: | As defined in Condition 24 of the Base Conditions | ||
| (i) | Interest Period End Dates: | Each Interest Payment Date, without any adjustment in accordance with the Business Day Convention |
||
| (ii) | Interest calculation method for short or long Interest Calculation Periods: |
N/A | ||
| 22 | Interest Payment Dates: | 2 October in each year from and including 2 October 2013 to and including the Redemption Date, subject to adjustment in accordance with the Business Day Convention. |
||
| 23 | Day Count Fraction: | 30/360 | ||
| 24 | Fallback provisions, rounding provisions, denominator and any other terms relating to the method of calculating interest, if different from those set out in the Base Conditions: |
For the avoidance of doubt, if an Interest Payment Date is adjusted to an earlier date in accordance with the Business Day Convention, the Interest Amount payable per Calculation Amount on such Interest Payment Date shall be calculated in respect of the Interest Calculation Period in which such Interest Payment Date occurs. |
||
| 25 | Settlement Method: | For the purposes of Condition 5.1 of the Base (i) Conditions: Cash Settlement For the purposes of Condition 5.3 of the Base (ii) Conditions: Cash Settlement |
27 Settlement Number:
As defined in Condition 24 of the Base Conditions
| 28 Terms relating to Cash Settled |
|---|
| Securities: |
| (i) | Final Cash Settlement Amount: | AUD 100,000 per Calculation Amount | |
|---|---|---|---|
| (ii) | Early Cash Settlement Amount: | As defined in Condition 24 of the Base Conditions | |
| Associated Costs: Applicable | |||
| (iii) | Early Cash Redemption Date: | As defined in Condition 24 of the Base Conditions | |
| 29 | Terms relating to Physically Delivered Securities: |
N/A | |
| 30 | Nominal Call Event: | N/A | |
| 31 | Call Option: | Applicable | |
| (i) | Cash Settled Securities: | ||
| (a) Optional Cash Settlement Amount: |
AUD 100,000 per Calculation Amount | ||
| (b) Optional Cash Redemption Date: |
Any Interest Payment Date from and including the Interest Payment Date scheduled to occur on 2 October 2013 to but excluding the Redemption Date. |
||
| (ii) | Physically Delivered Securities: | N/A | |
| (iii) | Issuer Option Exercise Date(s): | As defined in Condition 24 of the Base Conditions | |
| (iv) | Issuer Option Exercise Period: | As defined in Condition 24 of the Base Conditions | |
| (v) | Issuer Notice Period Number: | Not less than 5 Business Days prior to the relevant Optional Cash Redemption Date |
|
| 32 | Put Option: | N/A | |
| 33 | Specified Early Redemption Event: | N/A | |
| 34 | Maximum and Minimum Redemption Requirements: |
N/A | |
| 35 | Additional Disruption Events in addition to those specified in Condition 24 of the Base Conditions and any applicable Relevant Annex: |
N/A | |
| 36 | Share Linked Securities: | N/A | |
| 37 | Index Linked Securities: | N/A | |
| 38 | Inflation Linked Securities: | N/A | |
| 39 | FX Linked Securities: | N/A | |
| 40 | Credit Linked Securities: | N/A | |
| 41 | Commodity Linked Securities: | N/A | |
| 42 | (a) Barclays Commodity Index Linked Securities (Section 2 of the Barclays |
N/A |
Index Annex):
| Barclays Equity Index Linked (b) Securities (Section 3 of the Barclays Index Annex): |
N/A | |
|---|---|---|
| (c) Barclays FX Index Linked Securities N/A (Section 4 of the Barclays Index Annex): |
||
| (d) Barclays Interest Rate Index Linked Securities (Section 5 of the Barclays Index Annex): |
N/A | |
| (e) Barclays Emerging Market Index N/A Linked Securities (Section 6 of the Barclays Index Annex): |
||
| 43 | Bond Linked Securities: | N/A |
| 44 | Fund Linked Securities: | N/A |
| 45 | Settlement in respect of VP Notes, APK Registered Securities, Dutch Securities, Swedish Registered Securities, VPS Registered Securities or Spanish Securities: |
N/A |
| 46 | Additional provisions relating to Taxes N/A and Settlement Expenses: |
|
| 47 | Business Day: | As defined in Condition 24 of the Base Conditions |
| 48 | Additional Business Centre(s): | N/A |
| 49 | Non-US Selling Restrictions: | Investors are bound by the selling restrictions of the relevant jurisdiction(s) in which the Securities are to be sold as set out in the Base Prospectus. |
| 50 | Applicable TEFRA exemption: | N/A |
| 51 | Business Day Convention: | Modified Following |
| 52 | Relevant Clearing Systems: | Euroclear |
| Clearstream | ||
| 53 | If syndicated, names of Managers: | N/A |
| 54 | Details relating to Partly Paid (a) Securities: |
N/A |
| Details relating to Instalment (b) Notes: |
N/A | |
| 55 | Relevant securities codes: | ISIN: XS0806136874 |
| Common Code: 080613687 | ||
| 56 | Modifications to the Master | N/A |
Subscription Agreement and/or Agency Agreement:
57 Additional Conditions and/or $\mathsf{N}/\mathsf{A}$ modification to the Conditions of the Securities:
Part B Other Information
Listing and Admission to Trading $\mathbf{1}$
| (i) | Listing: | London |
|---|---|---|
| (ii) | Admission to trading: | Application is expected to be made by the Issuer (or on its behalf) for the Securities to be admitted to trading on the London Stock Exchange's Regulated Market on or around the Issue Date. |
| (iii) | Estimate of total expenses related to admission to trading: |
N/A |
| Ratings | ||
| Ratings: | The Securities have not been individually rated. |
$\overline{\mathbf{3}}$ Notification
$N/A$
$\overline{2}$
Interests of Natural and Legal Persons involved in the Issue $\overline{4}$
Save as discussed in "Purchase and Sale", so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.
Reasons for the Offer, Estimated Net Proceeds and Total Expenses 5
| (i) | Reasons for the offer: | General funding |
|---|---|---|
| (ii) | Estimated net proceeds: | N/A |
| (iii) | Estimated total expenses: | N/A |
Fixed Rate Securities Only - Yield $\bf 6$
| Indication of yield: | 6.00 per cent. per annum |
|---|---|
| The yield is calculated at the Issue Date on the basis | |
| of the Issue Price. It is not an indication of future | |
| vield. |
Floating Rate Securities Only - Historic Interest Rates $\overline{7}$
$N/A$
8 Performance of Reference Asset(s) or Other Variable, Explanation of Effect on Value of Investment and Associated Risks and Other Information Concerning the Reference Asset(s) and/or Other Underlying
$N/A$
Performance of Rate of Exchange and Explanation of Effect on Value of Investment $\mathbf{9}$
$N/A$
10 Operational Information
| Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme (together with their addresses) and the relevant identification number(s): |
N/A |
|---|---|
| Delivery: | Delivery free of payment |
| Names and addresses of additional Paying $A^{qents}(s)$ (if any): |
N/A |
| Intended to be held in a manner which would allow Eurosystem eligibility: |
No |
11 Offer Information
$N/A$