Barclays Plc (BCS) has released an update.
Barclays PLC has announced the redemption of its $2 billion 3.932% Fixed-to-Floating Rate Senior Notes due in 2025, with a redemption date set for May 7, 2024. Holders of the notes will receive 100% of the principal amount plus accrued interest, after which the notes will be cancelled and delisted from the New York Stock Exchange. The redemption will cease interest accrual and fulfill the company’s obligations to note holders.
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