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Nationwide Building Society Said to Sell Covered Bonds in Euros

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.

Link to Company News:{1250Z LN <Equity> CN <GO>}

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

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