Barclays Gets Big Orders for First Euro AT1 Since 2014

Barclays Plc drew strong orders for its first saleBloomberg Terminal of euro currency Additional Tier 1 debt since 2014.

The bank saw investor bids for its €1.5 billion ($1.73 billion) sale of perpetual notes callable after 10.5 years exceed €8.1 billion to give a bid to cover ratio of 5.4 times, according to a person with knowledge of the matter.