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Nationwide Building Society to redeem $1 billion fixed-to-floaters
By Mary-Katherine Stinson
Lexington, Ky., Jan. 13 – Nationwide Building Society will exercise its right to redeem its $1 billion fixed-to-floating rate notes due 2024 (ISIN: US63861VAA52, US63861WAA36) on March 8, according to an announcement.
The redemption will be at par plus interest.
After the redemption, the notes will be canceled and delisted.
The mortgage lender is based in Swindon, U.K.
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