Barclays Bank PLC: Barclays Announces Split of Certain iPath ETNs
ETN Name
3:1
The split for each series of ETNs will be effective at the open of trading on Friday, June 4, 2021 (the Ex-Date ). Here are the other relevant dates:
Record Date
Friday, 6/4/2021
Barclays Bank PLC has the right (but not the obligation) to initiate such a split of each series of ETNs in its sole discretion, as described in the relevant pricing supplement relating to each series of ETNs.
The closing indicative value of each series of ETNs on June 3, 2021 (the Pay Date ) will be divided by the split ratio indicated in the table above for each series of ETNs to determine the split-adjusted closing indicative value of the ETNs. The number of ETNs of each series outstanding at the close of trading on the Pay Date correspondingly will be multiplied by the relevant split ratio to determine the adjusted number of ETNs of each series outstanding as of the Ex-Date. The split will be effective on the Ex-
Barclays Bank PLC Announces Extension of Cash Tender Offer and Consent Solicitation
Barclays Bank PLC (the
Issuer ) announced today that it has extended the expiration date of its previously announced cash tender offer (the
Offer ) to purchase any and all of its iPath Bloomberg Natural Gas Subindex Total Return ETNs due October 22, 2037 (Ticker: GAZZF CUSIP: 06739H644 /ISIN: US06739H6449) (the
Notes or
Consent Solicitation ) from holders of the Notes (the
Noteholders ) to amend certain provision of the Notes (the
Proposed Amendment ), subject to applicable offer and distribution restrictions set out in the Amended and Restated Offer to Purchase and Consent Solicitation Statement dated April 29, 2021 (which may be further amended or supplemented from time to time, the
Barclays Announces Reduced Investor Fee for iPath® Pure Beta Crude Oil ETNs (Ticker: OIL) Barclays Bank PLC (Barclays) announced today that it plans to reduce the investor fee for its iPath Pure Beta Crude Oil ETNs (the ETNs) which are currently listed on the New York Stock Exchange under the ticker symbol OIL. Effective as of the open of trading on February 1, 2021, the investor fee per ETN for the ETNs will be equal to (1) 0.57%
1
times (2) the applicable closing indicative value on the immediately preceding calendar day
times (3) the applicable daily index factor on that day (or, if such day is not an index business day, one)
Barclays Bank PLC: Barclays Announces Reduced Investor Fee for iPath Pure Beta Crude Oil ETNs (Ticker: OIL)
Individual investors:
etndesk@barclays.com or to call us at: 1-212-528-7990
You may call in together with your broker/advisor/custodian or have them speak to us on your behalf.
About Barclays:
Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. Barclays offers investment banking products and services in the US through Barclays Capital Inc. For further information about Barclays, please visit our website home.barclays