Barclays Bank PLC Invitation To Purchase Notes For Cash: Announcement Of Results

On September 10, 2012, Barclays Bank PLC (the “ Issuer”) launched invitations to holders of certain Notes (as set out in the table below) issued by the Issuer to tender any and all of such Notes for purchase by the Issuer (the “ Offers”), subject to applicable offer and distribution restrictions.

Further to such invitations, the Issuer hereby informs the Noteholders that, as of the Expiration Deadline for the Offers (11:59 p.m. (New York City time) on Monday, September 17, 2012), the aggregate principal amount of each Series of Notes validly tendered and to be accepted for purchase, and the Purchase Price of each Series of Notes is as set out in the table below, and each such Noteholder is entitled to receive on the Settlement Date, being September 20, 2012, the relevant Purchase Price plus any Accrued Interest Payment.
       

Fixed
 

Yield on
 

Purchase Price
 

Accrued Interest

Aggregate

Aggregate Principal

Spread

Reference

per US$1,000

per US$1,000

Description of

Principal Amount

Amount Accepted

(Basis

U.S. Treasury

Principal

Principal

Notes
CUSIP/ISIN

Outstanding

for Purchase

Points)

Security

Amount

Amount
US$2,000,000,000 6.75 per cent. Senior Notes due 2019

06739F FS5 /US06739FFS56
US$2,000,000,000 US$402,022,000 145 1.842% US$1,205.57 US$22.13
US$3,000,000,000 5.125 per cent. Senior Notes due 2020

06739G AR0 /US06739GAR02
US$2,824,000,000 US$1,049,637,000 140 1.842% US$1,121.48 US$10.25

The Issuer intends to accept all Notes validly tendered for purchase, subject, inter alia, to the relevant Noteholder having tendered for purchase the relevant Minimum Denomination of Notes. All Notes purchased pursuant to the Offers will be cancelled.

The Offers have now expired and no further Notes can be tendered for purchase.

The Offers remain subject to the conditions and restrictions set out in a tender offer memorandum dated September 10, 2012 (the “ Tender Offer Memorandum”). Capitalized terms used and not otherwise defined in this announcement have the meanings given in the Tender Offer Memorandum.

For Further Information

A complete description of the terms and conditions of the Offers is set out in the Tender Offer Memorandum. Further details about the transaction can be obtained from:

The Dealer Manager
 

Barclays Capital Inc.

745 Seventh Avenue

New York, New York 10019

United States

Telephone: +1 (212) 528-7581

US Toll Free Number: +1 (800) 438-3242

Attention: Liability Management Group

Email: liability.management@barclays.com
 
 

The Tender Agent
 

Global Bondholder Services Corporation

65 Broadway – Suite 404

New York, New York 10006

United States

Banks and Brokers Call: +1 (212) 430-3774

Toll Free Number: +1 (866) 937-2200

Attention: Corporate Actions

Email: Info@gbsc-usa.com

 

A copy of the Tender Offer Memorandum is available to eligible persons upon request from the Tender Agent.

DISCLAIMER

The Dealer Manager does not take any responsibility for the contents of this announcement. This announcement must be read in conjunction with the Tender Offer Memorandum. No offer to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Issuer, the Dealer Manager and the Tender Agent to inform themselves about and to observe any such restrictions.

Copyright Business Wire 2010

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