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Issuer Call

12 Sep 2017 11:44

RNS Number : 5160Q
Barclays Bank PLC
12 September 2017
 

iPath®

 

Issuer Call Notice

Barclays Bank PLC ("Barclays") hereby notifies investors that it is exercising its right to redeem the securities listed in Annex A (each, a "Security" and together, the "Securities") in accordance with the relevant Base Conditions of the Securities. The Securities comprise iPath® Exchange Traded Notes issued by Barclays, all listed on the Electronic Securitised Derivatives Market ("SeDeX"), organised and managed by the Italian Stock Exchange.

The Securities are issued by way of final terms (the "Final Terms") under the relevant base prospectus applicable to the Securities, as supplemented (each, a "Base Prospectus"). Barclays exercises its right to call the Securities pursuant to paragraph 22 of the relevant Final Terms and Base Condition 4(2) of the Securities (Early Redemption at the Option of the Issuer), as amended by paragraph 24.1 (a) of the Combined Supplements dated 8 October 2010 and 22 November 2010.

The Securities will be redeemed at the Redemption Value (as defined in the Base Conditions of your Security and amended by paragraph 24.1 (a) (Base Conditions relating to Italian Securities) of the Combined Supplement dated 8 October 2010 in relation to the iPath® VSTOXX® Short-Term Futures Total Return Exchange Traded Notes and amended by paragraph 24.1 (a) (Amendments to Base Conditions) of the Combined Supplement dated 22 November 2010 in relation to the iPath® VSTOXX® Mid-Term Futures Total Return Exchange Traded Notes) on the Optional Cash Redemption Date, which is expected to be 10 October 2017. The Redemption Value will be determined on the third Business Day prior to the Optional Cash Redemption Date, which is expected to be 5 October 2017 and will be communicated to you separately.

Please be advised that an application to delist the Securities on the SeDeX, will be made. The last trading date is anticipated to be 5 October 2017. Please be further advised that from the date of this Issuer Call Notice until the last trading date of the Securities, the Securities will trade bid only on the SeDeX.

Capitalised terms used but not otherwise defined in this notice shall have the meanings given to such terms in the relevant Final Terms, as read in conjunction with the relevant Base Prospectus.

For questions relating to this Notice, please contact us at +44 (0)20 3134 2363 or write us an email at iPathEMEA@barcap.com.

 

London, 12 September 2017

 

Barclays Bank PLC

 

ANNEX A

Name of Product

ISIN

iPath® VSTOXX® Short-Term Futures Total Return Exchange Traded Notes

 

DE000BC2KZY6

iPath® VSTOXX® Mid-Term Futures Total Return Exchange Traded Notes

DE000BC2K050

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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