Barclays breaks senior dollar silence with blow-out

By Will Caiger-Smith
14 Feb 2014

Barclays came to the US market with its first senior offering in dollars in two years this week, as investors continued to show strong demand for short end paper from financial institutions.

The UK bank printed in dollars immediately after exiting its earnings blackout, with investors also gobbling up trades from JP Morgan, Bank of America Merrill Lynch and Capital One Bank, bringing total FIG supply in the first three days of the week to $10.8bn.

Barclays’ $2.75bn dual-tranche trade ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial