Barclays chops £2.3bn off AT1 target with exchange
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Barclays chops £2.3bn off AT1 target with exchange

Barclays is set to issue £2.27bn equivalent of CRD IV-compliant additional tier one securities after completing its offer to exchange old-style tier one bonds on Friday, bringing the bank’s total outstanding volume of new-style AT1 to more than half its £7bn target.

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