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Nationwide Building Society offers senior notes due 2023 at Treasuries plus 65-70 bps area
By Cristal Cody
Tupelo, Miss., Jan. 21 – Nationwide Building Society plans to price a Rule 144A and Regulation S offering of senior notes due Jan. 27, 2023 (Aa3/A/A+) on Tuesday, according to a market source.
Initial price talk is in the Treasuries plus 65 basis points to 70 bps area.
Barclays, Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and NatWest Markets plc are the bookrunners.
The mutual financial company and building society is based in Swindon, England.
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