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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar comes to Barclays’ aid again

Posted on 27 October 2008

From Guardian: Barclays is set to unveil a £2bn-plus rescue package that will see the Qatar Investment Authority boost its investment in the British bank where it already owns an 8 per cent stake.

A deal that could be announced in days will see the Qataris subscribe to £1bn worth of new loan stock with another £1bn being taken up by Barclays’ existing institutional investors. The special new shares will be high-yielding securities that will pay a relatively high rate of interest….. Full Article: Source


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