Building society offers to buy back securities in bid to raise capital
Allen & Overy (A&O) has taken the lead role for Nationwide as it offers to buy back up to £715m in securities from investors in a bid to raise capital.
Allen & Overy (A&O) has taken the lead role for Nationwide as it offers to buy back up to £715m in securities from investors in a bid to raise capital. The building society has launched the tender offer to holders of its permanent interest bearing shares (PIBS). The price offered on the securities has not been confirmed, but Nationwide has said it will be above current market price.
September 05, 2013 at 07:02 PM
1 minute read
The original version of this story was published on Legalweek
Building society offers to buy back securities in bid to raise capital
Allen & Overy (A&O) has taken the lead role for Nationwide as it offers to buy back up to £715m in securities from investors in a bid to raise capital.
Already have an account? Sign In Now
By Jessica Seah
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The premier educational and networking event for employee benefits brokers and agents.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
Don't miss the crucial news and insights you need to make informed legal decisions. Join International Edition now!
Already have an account? Sign In