...June 15, 2023 LONDON (S&P Global Ratings) June 15, 2023--S&P Global Ratings today raised to '##-/A-1+' from 'A+/A-1' its long- and short-term ratings on Barclays Bank PLC's $30 billion global collateralized medium-term notes program, and raised to 'A-1+' from 'A-1' our ratings on three short-term resolution counterparty liabilities issued under the program. We should have raised the ratings on the program and debt issues when we raised our ratings on Barclays Bank PLC and its rated debt on May 19, 2023, following the same action on the group, the ultimate parent of which is Barclays PLC. This error correction brings the ratings on the issues and program in line with our resolution counterparty ratings on issuer Barclays Bank PLC. The rating action affects the following program and its issuances: - $30 billion global collateralized medium-term note program, which was upgraded to '##-/A-1+' from 'A+/A-1'; and - The following three tranches of issuance from the program, all of which were upgraded...
