Agence France-PresseOctober 4, 2013 05:20
Barclays has sold nearly all of the shares in its £5.8-billion ($9.4-billlion, 6.9-billion-euro) rights issue, the British bank said on Friday.
The lender has received valid acceptances in respect of 3.04 billion new ordinary shares, which represented 94.63 percent of the rights issue, it said in a statement
Barclays had launched the cut-price shares sale to existing investors last month to help meet a regulatory demand to plug a hole in its balance sheet.
Trading in the new shares will begin on Friday, with the remaining stock placed on the market.