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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 9/12/2011 in the Prospect News Liability Management Daily.

Nationwide Building Society to redeem £75 million notes on Oct. 10

By Susanna Moon

Chicago, Sept. 12 - Nationwide Building Society said that, having obtained the needed consents, it will redeem its £75 million of subordinated fixed-rate step-up notes due 2016.

The company will pay par plus accrued interest to the optional redemption date of Oct. 10, according to a filing with the London Stock Exchange.

The notes were issued under the £750 million euro medium-term note program established by Portman Building Society.

The banking and financial services company is based in Swindon, England.


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