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Barclays PLC Capital/Financing Update 2016

Mar 21, 2016

5250_rns_2016-03-21_19b79375-f600-4840-a7bb-08d765d1447e.pdf

Capital/Financing Update

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FINAL TERMS

Final Terms dated 21 March 2016

BARCLAYS PLC

Issue of EUR 1,500,000,000 1.875 per cent. Notes due 2021

under the £60,000,000,000 Debt Issuance Programme

PART A – CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions of the Notes (the "Conditions") set forth in the base prospectus dated 4 August 2015 and the supplemental base prospectuses dated 30 October 2015 and 4 March 2016 which together constitute a base prospectus (the "Base Prospectus") for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and as implemented by any relevant implementing measure in the relevant Member State (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus.

Full information on the Issuer and the offer of the Notes described herein is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus and these Final Terms have been published on the website of the Regulatory News Service operated by the London Stock Exchange at http://www.londonstockexchange.com/exchange/news/market-news/market-newshome.html.

1. (i) Issuer: Barclays PLC
2. (i) Series Number: 221
(ii) Tranche Number: 1
(iii) Date on which the Notes become
fungible:
Not Applicable
3. Specified Currency or Currencies: Euro ("EUR")
4. Aggregate Nominal Amount: EUR 1,500,000,000
5. Issue Price: 99.684 per cent. of the Aggregate Nominal
Amount
6. (i) Specified Denominations: EUR 100,000 and integral multiples of EUR
1,000 in excess thereof
(ii) Calculation Amount: EUR 1,000
7. (i) Issue Date: 23 March 2016
(ii) Interest Commencement Date: Issue Date
8. Maturity Date: 23 March 2021
9. Interest Basis: 1.875 per cent. Fixed Rate
(see paragraph 14 below)
10. Redemption/Payment Basis: Subject to any purchase and cancellation or
early redemption, the Notes will be redeemed
on the Maturity Date at 100 per cent. of their
nominal amount.
11. Change of Interest or Redemption/Payment
Basis:
Not Applicable
12. Put/Call Options: Not Applicable
13. (i) Status of the Notes: Senior
(ii) Notes obtained: Date of approval for issuance of 4 August 2015
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14. Fixed Rate Note Provisions Applicable
(i)
Rate of Interest:
1.875 per cent. per annum payable annually
in arrear on each Interest Payment Date
(ii) (A) Interest Payment Date(s): 23 March in each year
(B) Interest
Payment
Date
adjustment (for Renminbi or
Hong
Kong
dollar
denominated Notes):
Not Applicable
(iii)
Fixed Coupon Amount:
EUR 18.75 per Calculation Amount payable
on each Interest Payment Date
(iv) Broken Amount(s): Not Applicable
(v) Day Count Fraction: Actual/Actual (ICMA)
(vi)
Party responsible for calculating the
amount
payable
upon
Illiquidity,
Inconvertibility or Non-transferability:
Not Applicable
15. Reset Note Provisions Not Applicable
16. Floating Rate Note Provisions Not Applicable
17. Zero Coupon Note Provisions Not Applicable
PROVISIONS RELATING TO REDEMPTION
18. Call Option Not Applicable
19. Put Option Not Applicable
20. Final Redemption Amount of each Note Subject to any purchase and cancellation or
early redemption, the Notes will be redeemed
on the Maturity Date at EUR 1,000
per
Calculation Amount
21. Early Termination Amount Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES

Unrestricted Global Certificate registered in the name of a nominee for a common safekeeper for Euroclear and Clearstream, Luxembourg (that is, held under the New Safekeeping Structure (NSS)) exchangeable for Unrestricted

  1. Form of Notes: Registered Notes:

Certificates in the limited Individual circumstances described in the Unrestricted Global Certificate

$23.$ New Global Note: No

  1. Additional Financial Centre(s) or other special provisions relating to payment dates:

  2. Talons for future Coupons to be attached to No Definitive Notes:

Spot Rate: 26.

Not Applicable

Not Applicable

Signed on behalf of Barclays PLC:

By:

Duly authorised

J.

PART B – OTHER INFORMATION

1. LISTING

(i) Listing and admission to trading: Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the Regulated Market of the London Stock Exchange with effect from on or about the Issue Date.

(ii) Estimate of total expenses related to admission to trading: £3,650

2. RATINGS

Ratings: The Notes to be issued are expected to be rated:

Standard & Poor's Credit Market Services Europe Limited ("Standard & Poor's"): BBB

Moody's Investors Service Ltd. ("Moody's"): Baa3

Fitch Ratings Limited ("Fitch"): A

The short term unsecured obligations of the Issuer are rated A-2 by Standard & Poor's, P-3 by Moody's and F1 by Fitch, and the unsecured unsubordinated long-term obligations of the Issuer are rated BBB by Standard & Poor's, Baa3 by Moody's and A by Fitch.

Each of Moody's, Standard & Poor's and Fitch is established in the European Economic Area (the "EEA") and is registered under Regulation (EC) No. 1060/2009 (as amended) (the "CRA Regulation"). As such, each of Moody's, Standard & Poor's and Fitch is included in the list of credit rating agencies published by the European Securities and Markets Authority on its website in accordance with the CRA Regulation.

3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save as discussed in "Subscription and Sale", so far as the Issuer is aware, no person involved in the offer of the Notes has an interest that is material to the offer.

The Managers and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

4. USE OF PROCEEDS

It is the Issuer's intention to use the proceeds of the issue of the Notes issued by it, to initially make an investment in the Bank in the form of senior debt. The Issuer retains the discretion to restructure any investment made with the proceeds at any time.

5. Fixed Rate Notes only – YIELD

Indication of yield: 1.942 per cent.

The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.

6. OPERATIONAL INFORMATION

(i) CUSIP Number: Not Applicable
(ii) ISIN: XS1385051112
(iii) Common Code: 138505111
(iv) CINS Code: Not Applicable
(v) CMU Instrument Number: Not Applicable
(vi) Any clearing system(s) other than
Euroclear,
Clearstream,
Luxembourg, DTC or the CMU
Service
and
the
relevant
identification number(s):
Not Applicable
(vii) Delivery: Delivery against payment
(viii) Names and addresses of additional
Paying Agent(s) (if any):
Not Applicable
7. DISTRIBUTION
(i) U.S. Selling Restrictions: Reg. S Compliance Category 2.
TEFRA not
applicable.
(ii) Method of distribution: Syndicated
(iii) If syndicated:
(a)
Names of Managers and
underwriting
commitments:
Australia and New Zealand
Banking Group Limited
EUR 15,000,000
Banca
Akros
S.p.A.

Gruppo BPM
EUR 15,000,000
Banco
Bilbao
Vizcaya
Argentaria, S.A.
EUR 15,000,000
Banco Santander, S.A. EUR 15,000,000
Bank
of
China
Limited,
London Branch
EUR 15,000,000
Barclays Bank plc EUR 1,200,000,000
BNP Paribas EUR 15,000,000
Commerzbank
Aktiengesellschaft
EUR 15,000,000
Danske Bank A/S EUR 15,000,000
Erste Group Bank AG EUR 15,000,000
Landesbank
Württemberg
Baden EUR 15,000,000
Lloyds Bank plc EUR 15,000,000
Mizuho International plc EUR 15,000,000
National
Australia
Bank
Limited (ABN 12 004 044
937)
EUR 15,000,000
Natixis EUR 15,000,000
Nomura International plc EUR 15,000,000
Scotiabank Europe plc EUR 15,000,000
SMBC
Nikko
Markets Limited
Capital EUR 15,000,000
Swedbank AB (publ) EUR 15,000,000
The
Bank
Toronto-Dominion EUR 15,000,000
Wells
Fargo
International Limited
Securities EUR 15,000,000
(b) Stabilisation Manager(s)
(if any):
Barclays Bank PLC
(iv) If non-syndicated,
address of Dealer:
name and Not Applicable