Deals 08/04/2021

Loop Capital Markets mandated as co-lead manager on $1.50 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities for Barclays PLC

On August 4, 2021, Loop Capital Markets was mandated as a co-lead manager on a $­1.50 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities for Barclays PLC. The 7-year bond is rated Ba2/B+/BBB-.

Use of proceeds are earmarked for general corporate purposes and/or to strengthen the capital base of the company and its subsidiaries.