April 11, 2012
CNSX Markets (the "Exchange") has approved for listing Barclays PLC Extendible Step Up Deposit Notes, Series I-42 (the "Notes").
The Notes distributed under prospectus and pricing supplement will be sold by the Dealer through a selling agent on the Exchange at the Issue Price. The Notes will be posted for trading on an "if, as and when issued" basis from April 12 until on or about April 24 2012.
The Notes will trade "interest flat" during this period.
Trades during the period will settle on the Issue Date, April 27, 2012.
The Notes are direct, unconditional, unsecured and unsubordinated debt obligations of the Company.
Interest
The Company will pay interest semi-annually during the term of the Notes, calculated based on a 360 day year consisting of twelve 30 day months. The initial term of the Notes will end on October 27, 2012, the Initial Maturity Date. The Company may, at its option, on the Initial Maturity Date and on each semi-annual Extended Maturity Date thereafter on which the Notes are outstanding, extend the Maturity Date of the Notes to the next subsequent Extended Maturity Date or to the Final Maturity Date if applicable, at the interest rate below in respect of the relevant Extension Period.
Interest Rate to the Initial Maturity Date
From and including April 27, 2012 to but excluding October 27, 2012 -- 3.05%
Interest Rate – October 27, 2012 to April 27, 2017 (subject to extension of the term of the Notes by the Company)
From and including October 27, 2012 to but excluding April 27, 2015 -- 3.05%
From and including April 27, 2015 to but excluding April 27, 2017-- 3.50%
Principal Protection: 100%, if the Notes are held to the Maturity Date.
Payment at Maturity: The Principal Amount will be repaid on the Maturity Date.
Further details and the prospectus for the Notes will be available in the CNSX Listings Disclosure Hall.
If, As and When Issued Trading: Thursday, April 12, 2012 through Tuesday, April 24, 2012 (for settlement April 27, 2012)
Issue Date: April 27, 2012
Dealer: Stuart Investment Management Limited
Symbol: BBP.DB.D
CUSIP: 06739ZDM6
ISIN: CA06739ZDM64
Currency: CAD
If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or E-mail:radhika.ramkarran@cnsx.ca