Barclays PLC — Capital/Financing Update 2016

Dec 8, 2016

FINAL TERMS

Final Terms dated 6 December 2016

BARCLAYS PLC

Issue of EUR 1,000,000,000 1.875 per cent. Notes due 2023

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 3 August 2016 and the supplemental base prospectus dated 28 October 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-news- home.html.

1.	(i) Issuer:		Barclays PLC
2.	(i)	Series Number:	232
	(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 1,000,000,000
5.	Issue Price:		99.663 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:	8 December 2016
	(ii)	Interest Commencement Date:	Issue Date
8.		Maturity Date:	8 December 2023
9.	Interest Basis:		1.875 per cent. Fixed Rate
			(see paragraph 15 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	Not Applicable

Basis:

12.	Put/Call Options:	Not Applicable
13.	(i) Status of the Notes:		Senior
	(ii) obtained:	Date of approval for issuance of Notes	28 July 2016
14.	Senior Notes Waiver of Set-off:		Applicable

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

15.			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:	8 December in each year, commencing on 8 December 2017
		(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
16.		Reset Note Provisions		Not Applicable
17.			Floating Rate Note Provisions	Not Applicable
18.			Zero Coupon Note Provisions	Not Applicable
			PROVISIONS RELATING TO REDEMPTION
19.	Call Option			Not Applicable
20.	Put Option			Not Applicable
21.		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
22.			Early Termination Amount	Not Applicable

GENERAL PROVISIONS APPLICABLE TO THE NOTES

1. Form of Notes: Registered 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 Individual Certificates in the limited circumstances described in the Unrestricted Global Certificate
24.	New Global Note:	No
25.	Additional Financial Centre(s) or other special provisions relating to payment dates:	Not Applicable
26.	Talons for future Coupons to be attached to Definitive Notes:	No
27.	Spot Rate:	Not Applicable

PART B – OTHER INFORMATION

1. LISTING

(i) Listing and admission to trading: Application is expected to be 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

The proceeds of the issue will be used for general corporate purposes of the Issuer and its subsidiaries and/or the Group.

5. Fixed Rate Notes only – YIELD

Indication of yield: 1.927 per cent.

The indicative 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:	XS1531174388
(iii)	Common Code:	153117438
(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
• (ix) Intended to be held in a manner which would allow Eurosystem eligibility:

Yes. Note that the designation "yes" simply means that the Notes are intended upon issue to be deposited with one of the ICSDs as common safekeeper, and registered in the name of a nominee of one of the ICSDs acting as common safekeeper, and does not necessarily mean that the Notes will be recognised as eligible collateral for Eurosystem monetary policy and intra day credit operations by the Eurosystem either upon issue or at any or all times during their life. Such recognition will depend upon the ECB being satisfied that Eurosystem eligibility criteria have been met.

7. DISTRIBUTION

(i) U.S. Selling Restrictions: (ii) Method of distribution:			Reg. S Compliance Category 2/ TEFRA not applicable
			Syndicated
	(iii)	If syndicated
		(a) Names of Managers and	ABN AMRO Bank N.V.
		underwriting commitments:	Banca IMI S.p.A.
			Bankinter SA
			Barclays Bank PLC
			Bank of Montreal, London Branch
			BNP PARIBAS
			Commerzbank Aktiengesellschaft
			Commonwealth Bank of Australia
			CIBC World Markets plc
			Mizuho International plc

					Morgan Stanley & Co. International plc
					Natixis
					Nordea Bank Danmark A/S
					Scotiabank Europe plc
					SMBC Nikko Capital Markets Limited
					Standard Chartered Bank
					Wells Fargo Securities International Limited
	(b)	Stabilisation any):	Manager(s)	(if	Barclays Bank PLC

(iv) If non-syndicated, name and address of Dealer: Not Applicable