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6-K

Barclays Bank PLC (ATMP)

6-K 2022-06-07 For: 2022-06-01
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

June 01, 2022

Barclays Bank PLC

(Name of Registrant)

1 Churchill Place

London E14 5HP

England

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No x

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b):

This Report on Form 6-K is filed by Barclays Bank PLC.

This Report comprises:

Information given to The London Stock Exchange and furnished pursuant to

General Instruction B to the General Instructions to Form 6-K.

EXHIBIT INDEX

Exhibit<br>No. 1 Redemption<br>notice re Tier One Notes dated 12 May 2022

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BARCLAYS<br>BANK PLC
(Registrant)

Date: June 01, 2022

By: /s/<br>Garth Wright<br><br><br>--------------------------------
Garth<br>Wright
Assistant<br>Secretary

Exhibit No. 1

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS. If you are in any doubt about the contents of this notice you are recommended to seek your own professional advice. For distribution only (a) in the United States, to qualified institutional buyers (as defined in Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act")), and (b) outside the United States to persons other than "U.S. persons" (as defined in Regulation S of the Securities Act). Not for release, publication or distribution in or into, or to any person located or resident in, any other jurisdiction where it is unlawful to release, publish or distribute this notice.

Notice of Redemption and Cancellation of Listing to the Holders of

Barclays Bank PLC

USD1,000,000,000 6.86 per cent. Callable Perpetual Core Tier One Notes (ISIN: XS0155141830/US06738CAG42) of which USD178,630,000 in principal amount is outstanding (the "6.86% TONs")

and

GBP400,000,000 6 per cent. Callable Perpetual Core Tier One Notes (ISIN: XS0150052388) of which GBP12,539,000 in principal amount is outstanding (the "6% TONs" and together with the 6.86% TONs, the "TONs")

Prior to 1 January 2022, the TONs qualified as Additional Tier 1 instruments pursuant to the transitional provisions set out in Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms, as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018. From 1 January 2022, the TONs no longer qualify as Additional Tier 1 instruments and, therefore, Barclays Bank PLC (the "Company") is exercising its right to redeem the TONs as specified in this notice.

NOTICE IS HEREBY GIVEN by the Company to the holders of TONs, that the Company will fully redeem all of the outstanding TONs on 15 June 2022 (the "Redemption Date"), in accordance with Condition 7(d) (Exchange, Variation or Redemption for Regulatory Purposes) of the terms and conditions of each of the TONs (the "Conditions"), having satisfied the applicable conditions to redemption.

Pursuant to the Conditions, (i) the outstanding 6.86% TONs will be redeemed on the Redemption Date at their Early Redemption Price plus accrued but unpaid interest from, and including, 15 December 2021 to, but excluding, the Redemption Date (the "6.86% TONs Redemption Amount") and (ii) the outstanding 6% TONs will be redeemed on the Redemption Date at a price equal to 100 per cent. of their principal amount plus accrued but unpaid interest from, and including, 15 December 2021 to, but excluding, the Redemption Date (the "6% TONs Redemption Amount"). The Early Redemption Price in respect of each 6.86% TONs shall be an amount equal to the higher of (a) the denomination of such 6.86% TON and (b) the denomination of such 6.86% TON multiplied by the price, expressed as a percentage (rounded to three decimal places, 0.0005 being rounded upwards), at which the gross redemption yield (as calculated by the Calculation Agent) on the 6.86% TONs, if they were to be purchased at such price on the third dealing day prior to the Redemption Date, would be equal to the gross redemption yield on such dealing day of the Reference Bond plus 1.5 per cent., on the basis of the middle market price of the Reference Bond prevailing at 11.00 a.m. (New York time) on such dealing day. The Company will provide notice to the holders of the 6.86% TONs of the Early Redemption Price following the determination of the same.

Payment of the 6.86% TONs Redemption Amount and the 6% TONs Redemption Amount will be made on 15 June 2022 through the relevant clearing systems. Pursuant to Condition 7(f) (Cancellation) of the Conditions, all TONs so redeemed will be cancelled. Accordingly, the listing of the TONs on the Official List of the FCA and the admission of the TONs to trading on the Regulated Market of the London Stock Exchange plc will be cancelled on, or shortly after, 15 June 2022.

Terms used but not defined in this notice shall have the meanings given to them in the Conditions.

Should any holder of the TONs have any queries in relation to this notice of redemption please contact:

Barclays Debt Investor Relations Team

Barclays Bank PLC

1 Churchill Place

London E14 5HP

United Kingdom

+44 20 7116 1000

Email: [email protected]

Barclays Bank PLC

12 May 2022

This Notice of Redemption is issued and directed only to the holders of TONs and no other person shall, or is entitled to, rely or act on, or be able to rely or act on, its contents, and it should not be relied upon by any holder of TONs for any other purpose.