Lloyds heads to US for AT1 amid Brexit talk

Tyler Davies

October 02, 2018 11:45 am

Boris_Theresa_May_UK_Brexit_PA_230x150 — Undated file photos of Boris Johnson and Theresa May. Johnson has lobbed a political hand grenade at May as the Tory conference begins, branding her Brexit plan "deranged" and "preposterous". | PA/PA Wire/PA Images

Lloyds Banking Group was selling a new additional tier one in the dollar market on Tuesday, as members of the UK's governing party met for a conference in Birmingham. Investors in UK assets are keenly focused on the risk that the UK exits the EU without an agreement with the bloc.

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Topics

Bank Capital Lloyds Bank UK Europe EMEA FIG

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Tyler Davies