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Dow Jones Newswires: U.K. plans to syndicate new January 2038 gilt

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The U.K. hired banks for the syndicated launch of new January 2038-dated gilts, with the transaction planned to take place on Nov. 8, subject to demand, market conditions and other considerations, one of the lead managers said Friday.

The banks hired for the deal are Barclays, BofA Securities, Citi, Lloyds Bank Corporate Markets and Morgan Stanley.

Write to Emese Bartha at emese.bartha@wsj.com

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