Capital experts mull Barclays Coco in wake of PRA guidance on UK AT1

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Capital experts mull Barclays Coco in wake of PRA guidance on UK AT1

Barclays’ £5.95bn rights issue may have grabbed most of the attention around that firm this week, but the bank also revealed it plans to use a £2bn contingent capital trade to help fill the £12.8bn capital hole that the Prudential Regulatory Authority (PRA) has identified.

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