Barclays to issue enhanced trust preferred securities by week's end

By Andrea Heisinger

Omaha, Sept. 4 - Barclays Bank Plc will issue an unknown amount of enhanced trust preferred securities by week's end, a market source said.

Although an issue of these securities is normally $300 million, it could grow to $1 billion, the source said, with a price at par of $25 per security.

The deal is talked in the 7 1/8% area.

The bookrunner will be Citigroup Global Markets Inc., the source said.

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