Barclays pumps out £1.25bn of AT1 notes as rally marches on

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By Jasper Cox
03 Aug 2017

Barclays claimed the lowest-ever additional tier one (AT1) sterling coupon on Thursday, raising questions about how much tighter banks can go.

After announcing its interim results last Friday, the bank came back to the market with £1.25bn of perpetual non-call seven year notes. These were priced at 5.875%, after being tightened from guidance in the ...

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