Nuveen Announces Pricing for Senior Notes Offerings
Nuveen has priced two separate senior notes offerings totaling £550 million and $2 billion. The GBP Offering includes £550 million of 6.052% Senior Notes due in 2031, while the USD Offering consists of three series with varying maturities: $750 million at 5.572% maturing in 2029; $750 million at 5.738% maturing in 2031; and $500 million at 6.063% due in 2036. The proceeds from the offerings are intended for general corporate purposes, including funding part of Nuveen's acquisition of Schroders plc as well as covering related fees and expenses. The Notes will be unsecured senior obligations of Nuveen. Both offerings were conducted under exemptions to U.S. securities laws and not registered with the SEC. Nuveen is a global investment firm managing $1.4 trillion in assets, focusing on public and private investments across various sectors including infrastructure and real estate.
Topics: acquisition funding bond issuance corporate financing