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 |