Obligation Barclay PLC 3.75% ( XS2176795677 ) en GBP

Barclay PLC

100 % ⇌

Royaume-Uni

XS2176795677 ( en GBP )

3.75% par an ( paiement annuel )

22/11/2030

Prospectus brochure de l'obligation Barclays PLC XS2176795677 en GBP 3.75%, échéance 22/11/2030

100 000 GBP

500 000 000 GBP

22/11/2025 ( Dans 203 jours )

Barclays PLC est une banque multinationale britannique offrant une large gamme de services financiers, notamment la banque de détail, la gestion de patrimoine, la banque d'investissement et les cartes de crédit, opérant dans de nombreux pays à travers le monde.

L'Obligation émise par Barclay PLC ( Royaume-Uni ) , en GBP, avec le code ISIN XS2176795677, paye un coupon de 3.75% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 22/11/2030

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IMPORTANT PROHIBITION OF SALES TO EEA OR UK RETAIL INVESTORS - The Notes
are not intended to be offered, sold or otherwise made available to and should not be offered, sold or
otherwise made available to any retail investor in the European Economic Area ("EEA") or in the United
Kingdom (the "UK"). For these purposes, a retail investor means a person who is one (or more) of: (i) a
retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU, as amended ("MiFID II"); or
(ii) a customer within the meaning of Directive (EU) 2016/97 (as amended or superseded), where that
customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.
Consequently no key information document required by Regulation (EU) No 1286/2014, as amended (the
"PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail
investors in the EEA or in the UK has been prepared and therefore offering or selling the Notes or otherwise
making them available to any retail investor in the EEA or in the UK may be unlawful under the PRIIPs
Regulation.
MIFID II product governance / Professional investors and ECPs only target market Solely for the
purposes of the manufacturer's product approval process, the target market assessment in respect of the
Notes has led to the conclusion that: (i) the target market for the Notes is eligible counterparties and
professional clients only, each as defined in "MiFID II"; and (ii) all channels for distribution of the Notes
to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling
or recommending the Notes (a "distributor") should take into consideration the manufacturer's target
market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own target
market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market
assessment) and determining appropriate distribution channels.
Singapore Securities and Futures Act Product Classification Solely for the purposes of its obligations
pursuant to sections 309B(1)(a) and 309B(1)(c) of the Securities and Futures Act (Chapter 289 of
Singapore) (the "SFA"), the Issuer has determined, and hereby notifies all relevant persons (as defined in
Section 309A of the SFA) that the Notes are "prescribed capital markets products" (as defined in the
Securities and Futures (Capital Markets Products) Regulations 2018) and are Excluded Investment Products
(as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-
N16: Notice on Recommendations on Investment Products).
Canadian Sales - Barclays Bank PLC, the Bookrunner and a Manager for this offering, is a wholly-owned
subsidiary of the Issuer. Accordingly, the Issuer is a "related issuer" of Barclays Bank PLC as such term is
defined in National Instrument 33-105 Underwriting Conflicts. The decision to distribute the Notes was
made by the Issuer and the terms of this offering were negotiated between the Managers and the Issuer.
No prospectus is required to be published under Regulation (EU) 2017/1129 (as amended or
superseded), for this issue of Notes. The Financial Conduct Authority, in its capacity as competent
authority under the Financial Services and Markets Act 2000, as amended, has neither approved nor
reviewed the information contained in this Pricing Supplement.
Pricing Supplement dated 20 May 2020
BARCLAYS PLC
Legal entity identifier (LEI): 213800 LBQA 1Y9L22JB70
Issue of GBP 500,000,000 3.750 per cent. Fixed Rate Resetting Subordinated Callable Notes due
2030
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 25 February 2020 and the supplemental
base prospectus dated 30 April 2020 which together constitute a base prospectus (the "Base Prospectus").
This document constitutes the Pricing Supplement of the Notes described herein 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 this Pricing Supplement and the Base Prospectus. The Base Prospectus and this Pricing
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Supplement 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:
251

(ii)
Tranche Number:
1

(iii)
Date on which the Notes Not Applicable

become fungible:
3.
Specified Currency or Currencies:
Pounds Sterling ("GBP")

4.
Aggregate Nominal Amount:
GBP 500,000,000

5.
Issue Price:
99.950 per cent. of the Aggregate Nominal Amount

6.
(i)
Specified Denominations:
GBP 100,000 and integral multiples of GBP 1,000 in
excess thereof

(ii)
Calculation Amount:
GBP 1,000

7.
(i)
Issue Date:
22 May 2020

(ii)
Interest Commencement Date: Issue Date

8.
Maturity Date:
22 November 2030

9.
Interest Basis:
Reset Notes

(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
Not Applicable

Redemption/Payment Basis:
12.
Call Options:
Issuer Call

13.
(i)
Status of the Notes:
Tier 2 Capital Notes

(ii)
Date approval for issuance of 24 February 2020

Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

14.
Fixed Rate Note Provisions
Not Applicable

15.
Reset Note Provisions
Applicable

(i)
Initial Rate of Interest:
3.750 per cent. per annum, payable annually in arrear
on each Interest Payment Date up to and including
the First Reset Date

(ii)
Interest Payment Date(s):
22 November in each year up to and including the
Maturity Date, commencing on 22 November 2020
in respect of the period from (and including) the
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Issue Date to (but excluding) 22 November 2020
(short first coupon)

(iii)
Fixed Coupon Amount up to GBP 37.50 per Calculation Amount

(but excluding) the First Reset
Date:

(iv)
Broken Amount(s):
GBP 18.90 per Calculation Amount payable on the
Interest Payment Date falling on 22 November 2020

(v)
Reset Reference Rate:
Sterling Reference Bond Rate

(vi)
First Reset Date:
22 November 2025

(vii)
Day Count Fraction:
Actual/Actual (ICMA)

(viii)
Reset Date(s):
The First Reset Date

(ix)
Mid-Swap Rate:
Not Applicable

(x)
Reference Bond Rate:
Not Applicable

(xi)
Sterling Reference Bond Rate: Applicable

(a)
Reset Margin:
+3.750 per cent. per annum

(xii)
U.S. Treasury Rate:
Not Applicable

(xiii)
Reference Banks:
Not Applicable

(xiv)
Reset Determination Dates:
The second Business Day prior to the First Reset
Date

(xv) Minimum Rate of Interest:
Zero

(xvi)
Maximum Rate of Interest:
Not Applicable

(xvii)
Business Day Convention:
No Adjustment

(xviii) Additional Business Centre(s): Not Applicable

(xix)
Reset Determination Time:
As per the Conditions

(xx)
Agent Bank:
The Bank of New York Mellon, London Branch

16.
Floating Rate Note Provisions
Not Applicable

17.
Zero Coupon Note Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION

18.
Call Option
Applicable

(i)
Optional Redemption Date(s) 22 November 2025

(Call):

(ii)
Optional Redemption Amount GBP 1,000 per Calculation Amount

(Call):

(iii)
Make Whole Redemption Not Applicable

Price:

(iv)
Redeemable in part:
Not Applicable

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(a)
Minimum
Not Applicable

Redemption Amount:

(b)
Maximum
Not Applicable

Redemption Amount:

(v)
Notice period:
Minimum period: 15 days

Maximum period: 60 days

(vi)
Optional Redemption Amount GBP 1,000 per Calculation Amount

(Regulatory Event) (for Tier 2
Capital Notes only):

(vii)
Early Redemption Amount GBP 1,000 per Calculation Amount

(Tax):

(viii)
Optional Redemption Amount Not Applicable

(Loss Absorption
Disqualification Event) (for
Senior Notes only):
19.
Final Redemption Amount of each Subject to any purchase and cancellation or early
Note:
redemption, the Notes will be redeemed on the
Maturity Date at GBP 1,000 per Calculation Amount
20.
Early Termination Amount:
As per the Conditions

GENERAL PROVISIONS APPLICABLE TO THE NOTES

21.
Form of Notes:
Registered Notes:

Unrestricted Global Certificate exchangeable for
Unrestricted Individual Certificates in the limited
circumstances described in the Unrestricted Global
Certificate
22.
New Global Note:
No

23.
Additional Financial Centre(s) or other Not Applicable

special provisions relating to payment
dates:
24.
Talons for future Coupons to be No

attached to Definitive Notes:
25.
Relevant Benchmark:
Not Applicable

26.
Amendments, replacements or further Not Applicable

supplements to the Conditions:

SIGNED on behalf of BARCLAYS PLC:

By: MIRAY MUMINOGLU
Duly authorised
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PART B OTHER INFORMATION
1.
LISTING

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

(ii)
Estimate of total expenses GBP 4,790

related to admission to trading:
2.
RATINGS

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

S&P Global Ratings Europe Limited ("Standard &
Poor's"): BB+

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

Fitch Ratings Limited ("Fitch"): BBB+

Each of Moody's, Standard & Poor's and Fitch is
established in the UK or 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/OFFER

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

Estimated net proceeds:
GBP 497,500,000

The net proceeds of the issue will be used for general corporate purposes of the Issuer and its
subsidiaries and/or the Group and may be used to strengthen further the capital base of the
Issuer and its subsidiaries and/or the Group.
YIELD

Indication of yield:
3.764 per cent. per annum to the First Reset Date.

The indicative yield to the First Reset Date is
calculated at the Issue Date on the basis of the Issue
Price. It is not an indication of future yield.
5.
OPERATIONAL INFORMATION

(i)
CUSIP Number
Not Applicable

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(ii)
ISIN:
XS2176795677

(iii)
Common Code:
217679567

(iv)
FISN:
BARCLAYS PLC/1EMTN 20301122, as updated
on the website of the Association of National
Numbering Agencies

(v)
CFI Code:
DTFXFR, as updated on the website of the
Association of National Numbering Agencies

(vi)
CINS Code:
Not Applicable

(vii)
CMU Instrument Number:
Not Applicable

(viii)
Any clearing system(s) other Not Applicable

than Euroclear, Clearstream
Luxembourg, DTC or the
CMU Service and the relevant
identification number(s):

(ix)
Delivery:
Delivery free of payment

(x)
Names and addresses of Not Applicable

additional Paying Agent(s) (if
any):

(xi)
Green Notes:
No

(xii)
Intended to be held in a manner No. Whilst the designation is specified as "no" at the
which would allow
date of this Pricing Supplement, should the
Eurosystem eligibility:
Eurosystem eligibility criteria be amended in the
future such that the Notes are capable of meeting
them the Notes may then 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. Note that this does not
necessarily mean that the Notes will then be
recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by
the Eurosystem at any time during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.
6.
DISTRIBUTION

(i)
U.S. Selling Restrictions:
Reg. S Compliance Category 2

(ii) Canadian Selling Restrictions: The Notes may be sold only to purchasers
purchasing, or deemed to be purchasing, as principal
that are accredited investors, as defined in National
Instrument 45-106 Prospectus Exemptions or
subsection 73.3(1) of the Securities Act (Ontario),
and are permitted clients, as defined in National
Instrument 31-103 Registration Requirements,
Exemptions and Ongoing Registrant Obligations.
Accordingly, each Manager has represented and
agreed, that it has not, directly or indirectly, offered
or sold and will not, directly or indirectly, offer to
sell any Notes in Canada, unless the purchasers
purchasing, or deemed to be purchasing, as principal
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are accredited investors and permitted clients as so
defined. Any resale of the Notes must be made in
accordance with an exemption from, or in a
transaction not subject to, the prospectus
requirements of applicable securities laws.
Securities legislation in certain provinces or
territories of Canada may provide a purchaser with
remedies for rescission or damages if this Pricing
Supplement or the Base Prospectus (including any
amendment thereto) contains a misrepresentation,
provided that the remedies for rescission or damages
are exercised by the purchaser within the time limit
prescribed by the securities legislation of the
purchaser's province or territory. The purchaser
should refer to any applicable provisions of the
securities legislation of the purchaser's province or
territory for particulars of these rights or consult with
a legal adviser.

(iii)
Method of distribution:
Syndicated

(iv)
If syndicated:

(a)
Names of Managers:
Barclays Bank PLC

BNP Paribas
Citigroup Global Markets Limited
Deutsche Bank AG, London Branch
J.P. Morgan Securities plc
Natixis
Scotiabank Europe plc
Société Générale
Swedbank AB (publ)
UBS AG London Branch
UniCredit Bank AG

(b)
Stabilisation
Not Applicable

Manager(s) (if any):

(v)
If non-syndicated, name and
Not Applicable

address of Dealer:

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#5">PART B … OTHER INFORMATION