Barclays PLC furnished a Form 6-K to the U.S. Securities and Exchange Commission on November 9, 2026, disclosing a Pricing Agreement and related indenture documents for its 8.625% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities.

Key Highlights

  • Security type: 8.625% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities issued by Barclays PLC.
  • Pricing Agreement: Dated November 2, 2026, between Barclays PLC and Barclays Bank PLC.
  • Thirteenth Supplemental Indenture: Executed November 9, 2026, among Barclays PLC, The Bank of New York Mellon, London Branch, as Trustee, and The Bank of New York Mellon SA/NV, Luxembourg Branch, as Contingent Capital Security Registrar.
  • Legal opinions furnished: Validity opinions provided by Cleary Gottlieb Steen & Hamilton LLP (U.S. counsel) and Clifford Chance LLP (English counsel).
  • Registration statement incorporation: The filing is incorporated by reference into Barclays PLC's Form F-3 registration statement (No. 333-277578).
  • Signing officer: Garth Wright, Assistant Secretary, signed on behalf of the registrant.

Barclays PLC Discloses Terms and Indenture for November 2026 AT1 Securities Offering

According to the filing, Barclays PLC submitted a Form 6-K for the month of November 2026 under Commission File Number 001-09246. The report's principal new exhibit is the Pricing Agreement dated November 2, 2026, entered into between Barclays PLC and Barclays Bank PLC, covering the issuance of 8.625% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities. The filing does not specify a principal amount or number of securities in the exhibit list itself.

The filing also includes the Thirteenth Supplemental Indenture to the Contingent Capital Securities Indenture, dated November 9, 2026, among Barclays PLC, The Bank of New York Mellon, London Branch, as Trustee, and The Bank of New York Mellon SA/NV, Luxembourg Branch, as Contingent Capital Security Registrar. The form of Global Security for these instruments is incorporated by reference to that same exhibit. The original Contingent Capital Securities Indenture was dated August 14, 2018, and the filing references a series of prior supplemental indentures extending through the Tenth Supplemental Indenture dated May 15, 2024.

Legal validity opinions were furnished by Cleary Gottlieb Steen & Hamilton LLP as U.S. counsel and Clifford Chance LLP as English counsel to Barclays PLC. The filing states it "shall be deemed to be incorporated by reference" into the registrant's Form F-3 registration statement (No. 333-277578). The report was signed on November 9, 2026, by Garth Wright, Assistant Secretary.

What Was Disclosed

Barclays PLC furnished a Form 6-K on November 9, 2026, covering the Pricing Agreement, Thirteenth Supplemental Indenture, Global Security form, and legal opinions related to its 8.625% Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities.