NEW YORK, Sept. 22, 2026 /PRNewswire/ -- Nuveen, LLC ("Nuveen") announced today the pricing of (1) an offering (the "GBP Offering") of £550 million aggregate principal amount of 6.052% Senior Notes due 2031 (the "2031 GBP Notes"), and (2) an offering (the "USD Offering") of $2 billion aggregate principal amount of Senior Notes which were offered in three series: (i) a series of 5.572% Senior Notes due 2029 in an aggregate principal amount of $750 million (the "2029 USD Notes"), (ii) a series of 5.738% Senior Notes due 2031 in an aggregate principal amount of $750 million (the "2031 USD Notes") and (iii) a series of 6.063% Senior Notes due 2036 in an aggregate principal amount of $500 million (the "2036 USD Notes" and, together with the 2031 GBP Notes, the 2029 USD Notes and the 2031 USD Notes, the "Notes").
Nuveen intends to use the net proceeds for general corporate purposes, which may include, among other things, to fund a portion of the cash consideration for Nuveen's acquisition (the "Acquisition") of Schroders plc and to pay fees and expenses related to the Acquisition and to this offering.
The Notes will be unsecured, senior obligations of Nuveen. The 2031 GBP Notes will mature on September 25, 2031, the 2029 USD Notes will mature on September 25, 2029, the 2031 USD Notes will mature on September 25, 2031 and the 2036 USD Notes will mature on September 25, 2036.
The closing of the GBP Offering is not contingent on the closing of the USD Offering, nor is the closing of the USD Offering contingent on the closing of GBP Offering.
The Notes were offered only to (i) persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and (ii) certain non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act or any state securities laws and therefore may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
About Nuveen
Nuveen, a TIAA Company, is a global investment leader, managing $1.4 trillion in public and private assets for clients around the world, as of June 30, 2026. With broad expertise across income and alternatives, we invest in the growth of businesses, real estate, infrastructure, and natural capital, providing clients with the reliability, access, and foresight unique to our 125+ year heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors — all to pursue lasting performance for our clients, our communities, and our global economy.
Forward-Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical or present facts or conditions, included herein are "forward-looking statements." Included among "forward- looking statements" are, among other things, statements regarding Nuveen's business strategy, plans and objectives, including the use of proceeds from the offering. Though Nuveen believes that the expectations reflected in these "forward-looking statements" are reasonable, they are inherently uncertain and involve a number of risks and uncertainties beyond Nuveen's control. In addition, assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied in "forward-looking statements" as a result of a variety of factors. These "forward-looking statements" speak only as of the date made, and other than as required by law, Nuveen undertakes no obligation to update or revise any "forward-looking statement" or provide reasons why actual results may differ, whether as a result of new information, future events or otherwise.
Media Contact
Sally Lyden | Sally.Lyden@nuveen.com
SOURCE Nuveen
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