Thursday, September 22, 2005

 

Nationwide Financial Prices $200 Million Debt Offering

Nationwide Financial Services, Inc. today announced that it has priced and will issue in a public offering $200 million of senior notes at an interest rate of 5.10% per year, due October 1, 2015. Nationwide Financial intends to use the net proceeds from this offering for the redemption of all of the outstanding 7.10% Trust Preferred Securities of Nationwide Financial Services Capital Trust II, which are due in 2028. The redemption is scheduled to take place on September 28, 2005.


Nationwide Financial Prices $200 Million Debt Offering
Source: Yahoo! Finance

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