Barclays tests euro demand for new AT1

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Barclays tests euro demand for new AT1

Barclays

Barclays is speaking to investors on Monday to take indications of interest for a potential euro denominated additional tier one capital deal, which will help it reach the 3% leverage ratio target set by the UK’s Prudential Regulation Authority by the deadline of June 2014. The deal comes amid a December rush in bank capital — Credit Suisse is also meeting investors for a low trigger tier one capital deal.

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