0012018-0003589 ICM:34747777.3
1
NOTICE OF DRAWDOWN UNDER THE INTERCOMPANY LOAN AGREEMENT
Barclays Bank UK PLC
Issue of Series 2018-1 £1,250,000,000 Floating Rate Covered Bonds due 2023 (the Covered Bonds)
irrevocably and unconditionally guaranteed as to payment of principal and interest by
Barclays Covered Bonds LLP
under the
€35 billion Global Covered Bond Programme
From: Barclays Covered Bonds LLP (LLP)
To: Barclays Bank UK PLC (the Issuer)
Copy: Citicorp Trustee Company Limited (the Security Trustee)
Date: 9 January 2018,
as amended and restated on
[9 April] 2020
We refer to the agreement between, inter alios, ourselves, the Issuer and the Security Trustee (as from time
to time amended, varied, novated or supplemented (the Intercompany Loan Agreement)) dated
18 December 2007, whereby an Intercompany Loan was made available to us. Terms defined in the
Intercompany Loan Agreement shall have the same meaning in this Request.
We hereby give you notice that, pursuant to the Intercompany Loan Agreement and upon the terms and
subject to the conditions contained therein, we wish the following Term Advances to be made available to us
in accordance with Appendix 1 hereto.
We confirm that following the making of the Term Advance requested, the aggregate of the Sterling
Equivalents of the principal amounts outstanding of all Term Advances will not exceed the Sterling
Equivalent of the amount of the Total Credit Commitment.
The net proceeds of this drawdown should be credited to our account numbered 88002292 (IBAN:
GB15PNBP16567188002292, SWIFT: PNBPGB2L).
We hereby confirm that no LLP Event of Default is outstanding that has not been waived or remedied to the
satisfaction of the Security Trustee or would result from the making of such Term Advance(s).
Yours faithfully
per pro Intertrust Directors 1 Limited, as Director
for and on behalf of Congadale Limited, Member of
Barclays Covered Bonds LLP
0012018-0003589 ICM:34747777.3
2
APPENDIX 1
PRINCIPAL
AMOUNT AND
CURRENCY OF
RELATED SERIES
TERM ADVANCES
DRAWDOWN DATE/
EFFECTIVE DATE
OF TERM
ADVANCES
CURRENCY OF
TERM ADVANCES
INTEREST RATE
APPLICABLE TO
PRINCIPAL
AMOUNT
LOAN INTEREST
PERIOD APPLICABLE
TO TERM ADVANCE
£1,250,000,000
£1,250,000,000
9 January 2018
GBP
SONIA +[] per cent.
per annum Floating Rate
payable quarterly in
arrear from, and
including [9April 2020]
[Effective Date to be
inserted] to, but
excluding the Final
Maturity Date and
SONIA +[] per cent,
per annum Floating Rate
payable monthly in
arrear from, and
including, the Final
Maturity Date to, but
excluding, the Extended
Due for Payment Date
Each period from, and
including, a Specified
Interest Payment Date (as
specified in the Final
Terms for the Covered
Bonds) to, but excluding,
the next Specified Interest
Payment Date up to, but
excluding, the Final
Maturity Date or, as
applicable, the Extended
Due for Payment Date
