Welcome to our dedicated page for BARC news (Ticker: BARC), a resource for investors and traders seeking the latest updates and insights on BARC stock.
The BARC news page on Stock Titan aggregates announcements and updates connected with Barclays Bank PLC and its exchange-traded notes programs. The available news items describe Barclays Bank PLC as a British universal bank with businesses that include consumer banking and payments operations and a full-service corporate and investment bank, and they focus on how the bank manages and communicates about its ETNs.
News for BARC includes detailed notices of cash tender offers and consent solicitations for various iPath ETNs and other ETNs issued by Barclays Bank PLC. These announcements outline extensions of expiration deadlines, purchase prices per note, settlement dates, and the number of notes tendered for specific ETN series. They also explain how noteholders who tender their notes may be deemed to consent to proposed amendments to the terms of the notes, subject to conditions described in offer to purchase and consent solicitation statements.
Other updates highlight changes to investor fees for certain ETNs and confirm index-related matters, such as quarterly composition decisions for indices referenced by ETNs. Across these items, Barclays Bank PLC provides extensive risk disclosures about ETN investments, including the potential for loss of principal, market and volatility risk, concentration risk, and uncertain tax treatment.
Investors and observers using this BARC news page can review how Barclays Bank PLC communicates with ETN holders about tender offers, fee adjustments, index methodologies, and redemption rights. For complete terms and risk factors related to any ETN mentioned in the news, the announcements direct readers to the applicable prospectus supplements, pricing supplements, and offer documents.
Barclays Bank PLC has provided updates on its cash tender offers and consent solicitations for three series of exchange-traded notes (ETNs). For the Expired Series (iPath® Bloomberg Livestock Subindex Total ReturnSM ETN), the bank received and accepted 40,372 notes at $25.00 per note, totaling $1,009,300.00. Settlement is scheduled for April 23, 2025.
For the Extended Series, which includes iPath® CBOE S&P 500 BuyWrite IndexSM ETN and iPath® Bloomberg Energy Subindex Total ReturnSM ETN, the deadline has been extended to June 25, 2025. The purchase prices are set at $130.00 and $7.50 per note respectively, representing premiums over their April 16, 2025 closing indicative values of $108.38 and $4.95.
As of April 16, 2025, 6,552 notes have been tendered for the BuyWrite Index ETN and 27,706 for the Energy Subindex ETN. Payment for the Extended Series is scheduled for July 2, 2025, unless further extended or terminated.
Barclays Bank PLC has announced an extension of the expiration date for its cash tender offer for the iPath® Bloomberg Natural Gas Subindex Total Return ETNs (Ticker: GAZZF). The offer, previously set to expire on February 25, 2021, will now expire on March 30, 2021. The purchase price remains at $0.10 per Note. As of the previous expiration date, 3,246,145 Notes have been tendered, representing 45.15% of the outstanding Notes. Noteholders who previously tendered do not need to take further action. Key risks include potential decreases in the ETNs' value based on market fluctuations.
Barclays Bank PLC will reduce the investor fee for its iPath Pure Beta Crude Oil ETNs, effective February 1, 2021. The new fee will be 0.57% per year, a decrease from the previous rate of 0.75%. The fee is calculated daily and accumulates over time, potentially impacting the net returns for investors. Barclays has the discretion to increase this fee back up to 0.75% with prior notice. Investors should consider potential risks, including lack of principal protection and significant market risks associated with these ETNs.
Barclays Bank PLC has extended the expiration of its cash tender offer for its iPath® Bloomberg Natural Gas Subindex Total Return™ ETNs, with a new deadline set for February 25, 2021. The purchase price remains at $0.10 per Note, with payments scheduled for March 2, 2021. As of the previous deadline, 3,023,048 Notes, or 42.05% of outstanding, have been validly tendered. Noteholders may face significant fluctuations in the Notes’ value due to market volatility ahead of the expiration. For detailed terms, visit the official prospectus.
Barclays Bank PLC has announced an extension for its cash tender offer for the iPath® Bloomberg Natural Gas Subindex Total Return℠ ETNs due October 22, 2037. The new expiration date is set for 5:00 p.m. New York City time, on January 28, 2021. As of January 14, 2021, 2,102,791 Notes have been validly tendered, representing 29.25% of the outstanding Notes. Noteholders who initially tendered do not need to take further action. The purchase price is payable on February 2, 2021, unless extended further by the Issuer.
Barclays Bank PLC announced that there will be no changes to the constituents of the CIBC Atlas Select MLP Index during the upcoming quarterly rebalancing starting January 8, 2021. The iPath Select MLP ETNs, linked to this Index, trade under the ticker symbol ATMP. These ETNs involve significant risks, including the potential loss of principal, and are subject to investor fees, which can negatively impact their value. The Index consists of 20 constituents from the Energy Sector and Gas Utilities Industry, selected based on specific eligibility criteria.
