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Nationwide Issues £500m Senior Non-Preferred Notes Under European Programme

Story Highlights
  • Nationwide Building Society is a UK mutual focused on retail banking and mortgages.
  • Nationwide has published final terms for a £500m senior non-preferred notes issue due 2033.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nationwide Issues £500m Senior Non-Preferred Notes Under European Programme

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The latest update is out from Nationwide Building Society ( (GB:NBS) ).

Nationwide Building Society has published the final terms for a new £500m Fixed Rate Reset Senior Non-Preferred Notes issuance due December 2033, launched under its existing US$35bn European Note Programme. The move underscores Nationwide’s continued use of wholesale funding markets to support its balance sheet and regulatory capital structure, providing additional term funding that may strengthen its financial resilience and flexibility in line with its long-term funding strategy.

The most recent analyst rating on (GB:NBS) stock is a Hold with a £14094.00 price target. To see the full list of analyst forecasts on Nationwide Building Society stock, see the GB:NBS Stock Forecast page.

Spark’s Take on GB:NBS Stock

According to Spark, TipRanks’ AI Analyst, GB:NBS is a Neutral.

Nationwide Building Society’s overall score reflects strong corporate events and a solid financial foundation, offset by technical indicators suggesting potential overbought conditions and concerns over leverage and cash flow. The stock appears undervalued, but the lack of a dividend yield and high leverage are notable risks.

To see Spark’s full report on GB:NBS stock, click here.

More about Nationwide Building Society

Nationwide Building Society is a UK-based mutual financial institution operating primarily in retail banking and mortgage lending, serving individual and household customers rather than public shareholders.

Average Trading Volume: 949

Technical Sentiment Signal: Sell

Current Market Cap: £1.38B

Find detailed analytics on NBS stock on TipRanks’ Stock Analysis page.

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