Barclays to Raise 5.8 Billion Pounds in Rights Offering (1)

Barclays to Raise 5.8 Billion Pounds in Rights Offering (1)

Chris Ratcliffe/Bloomberg

Barclays Plc will offer investors one new share for every four shares they already own for 185 pence, 40 percent less than yesterday’s closing price, London-based Barclays said in a statement today.