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Published on 8/24/2020 in the Prospect News Investment Grade Daily.

Nationwide Building Society talks new five-year senior notes at Treasuries plus 95 bps area

By Cristal Cody

Tupelo, Miss., Aug. 24 – Nationwide Building Society intends to price new five-year senior notes (A1/A/A+) on Monday, according to a market source.

Initial price talk is in the Treasuries plus 95 basis points area.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and NatWest Markets plc are the lead managers.

The mutual financial company and building society is based in Swindon, England.


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