27.10.2008 - Qatar comes to Barclays' aid again
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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