U.K. bank Barclays and Italian bank UniCredit marketed Additional Tier 1, o AT1, bonds on Tuesday, the former denominated in U.S. dollars and the latter in euros. AT1 bonds are a type of risky ...
With the new perpetual notes recording 50bp of progression from initial marketing, the US dollar market will provide a lower cost of funding for the bank. Barclays was one of a handful of European ...