Home Economics Barclays close to new shares offer worth £5.8 bn

Barclays close to new shares offer worth £5.8 bn

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

Barclays close to new shares offer worth £5.8 bn (via AFP)

Barclays will launch a £5.8-billion rights issue next week to help meet a regulatory demand to plug a hole in its balance sheet, the British bank said on Wednesday. The bank will sell the new shares on September 13 priced at 185 pence each — a steep…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

AFP
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.