Recommendation to scale into Nationwide 6.875% perpetual bond yielding 6.4% in GBP, likely to be called in 5 years. Comparison with BBVA bond and transaction details provided.
doj/DataSet10/EFTA01453856.pdf
{"title":"Investment Recommendation for Nationwide 6.875% Perpetual Bond","key_people":["Nav Gupta"],"document_date":"2014-04-14","document_type":"correspondence","key_locations":["London"],"document_subtype":"memo","key_organizations":["Deutsche Bank AG","Nationwide Building Society"],"reference_numbers":["X81043181269"]}