Nationwide Sets Final Terms for Two €1bn Senior Non-Preferred Note Issues

Nationwide Building Society ( (GB:NBS) ) has shared an announcement.

Nationwide Building Society has published the final terms for two new €1 billion fixed-to-floating rate senior non-preferred note issues, maturing in February 2031 and February 2037 respectively, under its US$35 billion European Note Programme. The twin euro-denominated transactions reinforce Nationwide’s ongoing use of wholesale funding and regulatory capital instruments to support its balance sheet structure and meet funding and loss-absorbing capital requirements, with documentation now available via the London Stock Exchange’s website and the UK Financial Conduct Authority’s National Storage Mechanism for investors and other market participants.

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 in the retail banking and financial services industry, offering products such as mortgages, savings, current accounts and related financial services to individual and business customers. It funds its activities in part through access to the wholesale capital markets, including a large, established European Note Programme used to issue debt securities to institutional investors.

Average Trading Volume: 1,191

Technical Sentiment Signal: Buy

Current Market Cap: £1.39B

See more data about NBS stock on TipRanks’ Stock Analysis page.