Bloomberg News

Nationwide Building Society Said to Sell Covered Bonds in Euros

October 06, 2011

Oct. 6 (Bloomberg) -- Nationwide Building Society plans to sell five-year covered bonds in euros, according to a banker involved in the transaction.

The notes may be priced to yield about 135 basis points more than the benchmark mid-swap rate, the banker said. Barclays Capital, HSBC Holdings Plc, Royal Bank of Scotland Group Plc and Societe Generale SA are managing the sale.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Andrew Reierson at areierson1@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus