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Lloyds TSB to raise £13.5 rights issue

Lloyds TSB to raise £13.5 rights issue

Posted on 15. Nov, 2009 by .

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Lloyds TSB, one of UK’s largest banks is embarking on a plan to raise £13.5 billion through a rights issue. The size of the share issue is a world record  – and follows in the footsteps of Lloyds’ previous £4billion capital raising in May and £13billion in October 2008. The fact that the bank can [...]

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