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Barclays to Redeem A$150m 2027 Notes Early and Cancel Listing

Story Highlights
  • Barclays will redeem its A$150 million fixed-to-floating notes early on 20 May 2026.
  • The redeemed Australian-dollar debt will be delisted from London’s ISM, reflecting funding profile management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Barclays to Redeem A$150m 2027 Notes Early and Cancel Listing

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Barclays ( (GB:BARC) ) has shared an announcement.

Barclays PLC will exercise its call option to fully redeem its A$150 million 2.064% fixed-to-floating rate debt instruments due May 2027 ahead of maturity, on 20 May 2026. The notes will be repaid at 100% of principal plus accrued interest up to, but excluding, the early redemption date, in line with the instruments’ terms.

Following settlement of the redemption, the securities will be delisted from the London Stock Exchange’s International Securities Market on or shortly after 21 May 2026. The move reflects Barclays’ active management of its funding profile and capital structure, with implications for holders who will receive cash repayment and lose exposure to this specific Australian-dollar issue.

The most recent analyst rating on (GB:BARC) stock is a Hold with a £433.00 price target. To see the full list of analyst forecasts on Barclays stock, see the GB:BARC Stock Forecast page.

Spark’s Take on BARC Stock

According to Spark, TipRanks’ AI Analyst, BARC is a Neutral.

The score is driven primarily by solid but cyclical financial performance (improving profitability and strong 2024–2025 cash conversion, tempered by higher leverage and revenue softness). Constructive earnings-call guidance and capital return plans support the outlook, while weak near-term technical momentum materially drags the overall score; valuation is supportive with a low P/E but only a modest dividend yield.

To see Spark’s full report on BARC stock, click here.

More about Barclays

Barclays PLC is a major global financial services group headquartered in the United Kingdom, operating primarily in banking and investment services. The firm provides retail and corporate banking, credit and lending products, and capital markets and treasury services to clients across international markets.

Average Trading Volume: 60,117,582

Technical Sentiment Signal: Buy

Current Market Cap: £56.02B

See more data about BARC stock on TipRanks’ Stock Analysis page.

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