Free Writing Prospectus
Filed Pursuant to Rule 433
Reg. Statement No. 333-195645
USD 1bn 2.00% Fixed Rate Senior Notes due 2018
Pricing Term Sheet
| Issuer: | Barclays PLC | |
| Notes: | USD 1bn 2.00% Fixed Rate Senior Notes due 2018 | |
| Expected Issue Ratings1: | A3 (Moody’s) / BBB (S&P) / A (Fitch) | |
| Status: | Senior Debt / Unsecured | |
| Legal Format: | SEC registered | |
| Principal Amount: | USD 1,000,000,000 | |
| Trade Date: | March 9, 2015 | |
| Settlement Date: | March 16, 2015 (T+5) | |
| Maturity Date: | March 16, 2018 | |
| Coupon: | 2.00% | |
| Interest Payment Dates: | Semi-annually in arrear on March 16 and September 16 in each year, commencing on September 16, 2015 and ending on the Maturity Date | |
| Coupon Calculation: | 30/360, following, unadjusted | |
| Business Days: | New York, London | |
| U.K. Bail-in Power Acknowledgement: | Yes. See section entitled “Description of Senior Notes—Agreement with Respect to the Exercise of U.K. Bail-in Power” in the Preliminary Prospectus Supplement dated March 9, 2015 (the “Preliminary Prospectus Supplement”) | |
| Tax Redemption | If there is a Tax Event (as defined in the Preliminary Prospectus Supplement), the Issuer may, at its option, at any time, redeem the Notes, in whole but not in part, at a redemption price equal to 100% of their principal amount, together with any accrued but unpaid interest to (but excluding) the date fixed for redemption, as further described and subject to the conditions specified in the Preliminary Prospectus Supplement | |
| Benchmark Treasury: | T 1 02/15/18 | |
| Spread to Benchmark: | 90bps | |
| Reoffer Yield: | 2.003% | |
| Issue Price: | 99.991% | |
| Underwriting Discount: | 0.225% | |
| Net Proceeds: | USD 997,660,000 | |
| 1 | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
| Sole Bookrunner: | Barclays Capital Inc. | |
| Co-managers: | Academy Securities, Inc., ANZ Securities, Inc., BMO Capital Markets Corp., Capital One Securities, Inc., CastleOak Securities, L.P., CIBC World Markets Corp., Drexel Hamilton, LLC, Fifth Third Securities, Inc., Lebenthal & Co, LLC, Mizuho Securities USA Inc., National Bank of Abu Dhabi P.J.S.C., PNC Capital Markets LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC, The Williams Capital Group, L.P., U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC | |
| Risk Factors: | An investment in the Notes involves risks. See “Risk Factors” section beginning on page S-8 of the Preliminary Prospectus Supplement | |
| Denominations: | USD 200,000 and integral multiples of USD 1,000 in excess thereof | |
| ISIN/CUSIP: | US06738EAF25 / 06738E AF2 | |
| Settlement: | DTC; Book-entry; Transferable | |
| Documentation: | To be documented under the Issuer’s shelf registration statement on Form F-3 (No. 333-195645) and to be issued pursuant to the Senior Debt Indenture dated November 10, 2014 between the Issuer and The Bank of New York Mellon acting through its London Branch, as trustee | |
| Listing: | We will apply to list the Notes on the New York Stock Exchange | |
| Governing Law: | New York law | |
| Definitions: | Unless otherwise defined herein, all capitalized terms have the meaning set forth in the Preliminary Prospectus Supplement | |
The Issuer has filed a registration statement (including a prospectus dated May 2, 2014 (the “Prospectus”) and the Preliminary Prospectus Supplement) with the U.S. Securities and Exchange Commission (“SEC”) for this offering. Before you invest, you should read the Prospectus and the Preliminary Prospectus Supplement for this offering in that registration statement, and other documents the Issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, you may obtain a copy of the Prospectus and the Preliminary Prospectus Supplement from Barclays Capital Inc. by calling 1-888-603-5847.
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