Barclays Stock Price, News & Analysis

Barclays has appointed Amit Tyagi as a Managing Director in Healthcare Investment Banking, based in New York. With over 20 years of experience, Tyagi previously served as Head of Healthcare at Huatai Securities and Global Head of Medical Diagnostics and Life Sciences Tools at UBS. This appointment is expected to enhance Barclays' capabilities in the Tools and Diagnostics sector. The bank has been involved in significant transactions, including advising on $21 billion acquisition of PPD by Thermo Fisher Scientific and $3.4 billion sale of HMS to Gainwell Technologies.

Barclays Bank PLC announced it will not extend its Exchange Offer for iPath S&P GSCI Crude Oil Total Return Index ETNs due August 14, 2036. The Exchange Offer ended on August 31, 2021, with 92,211 Old Notes accepted, representing 18.33% of the total. The company also revealed preliminary results for the Tender Offer, where 40,891 Old Notes were accepted, equating to 8.13% of the outstanding notes. The expected total purchase price for these notes is approximately $5.05 million. Barclays anticipates not obtaining the necessary consents for proposed amendments in the Consent Solicitation.

Barclays Bank PLC has established a purchase price of $123.5398 for its cash tender offer to buy back its iPath® S&P GSCI® Crude Oil Total Return Index ETNs, due August 14, 2036. This price marks a 5% premium over the Closing Indicative Note Value of $117.6570 as of August 31, 2021. The tender offer and related consent solicitation expire at 11:59 p.m. New York City time on August 31, 2021, unless extended. Noteholders can opt for either a tender or an exchange offer for new ETNs, but simultaneous tenders are invalid.

Barclays Bank PLC has extended the expiration deadlines for its Exchange Offer and Cash Tender Offer concerning the iPath® S&P GSCI® Crude Oil ETNs. The Exchange Offer now expires on August 31, 2021, offering a 5.68% premium and an exchange ratio of six New Notes for each Old Note. The Cash Tender Offer sets a 105% purchase price based on the closing indicative note value as of the expiration date. Noteholders have tendered 67,611 Old Notes across both offers. The update emphasizes potential price fluctuations linked to the S&P GSCI Index performance.

Barclays Bank PLC has extended the expiration deadlines for its Exchange Offer and Tender Offer for the iPath® S&P GSCI® Crude Oil Total Return Index ETNs. The Exchange Offer will now expire on August 27, 2021, while the Tender Offer will expire at 11:59 p.m. on August 27, 2021. Noteholders can exchange Old Notes for New Notes at a premium of approximately 6%. A total of 126,431 Old Notes have been tendered as of the original deadline. The Purchase Price for the Tender Offer has been set at 105% of the Closing Indicative Note Value.

Barclays Bank PLC has extended the expiration of its Exchange Offer and Tender Offer for iPath® S&P GSCI® Crude Oil Total Return Index ETNs, now set for August 13, 2021. The Exchange Offer allows holders to exchange Old Notes for New Notes due April 18, 2041, while the Tender Offer involves purchasing Old Notes at an increased Purchase Price of $135, reflecting a 2.27% premium. Notably, 25,736 Old Notes were tendered in the Exchange Offer, and 14,415 in the Tender Offer as of July 29, 2021. Holders do not need to re-tender if they have already participated.

Barclays Bank PLC has extended the expiration date for its cash tender offer to purchase its iPath® Bloomberg Natural Gas Subindex Total Return℠ ETNs due October 22, 2037. The new expiration date is September 29, 2021, with a purchase price set at $0.10 per Note. As of the previous expiration, 3,469,500 Notes, or 48.26% of outstanding, had been tendered. The offer remains subject to potential changes, and investors should consider market volatility and the performance of the underlying index.