Nationwide Bldg Society launches $4 bln 2-part sale

NEW YORK, Aug 10 (Reuters) - Nationwide Building Society on Monday launched $4 billion in guaranteed notes in a two-part sale, said IFR, a Thomson Reuters service.

The offering includes $2 billion in 2.75-year floating-rate notes and is expected to have a coupon rate of 18 basis points over the three-month London Interbank Offered Rate.

The sale also includes $2 billion in three-year notes expected to yield 20 basis points over mid-swaps.

The joint lead managers on the offering are Barclays, Deutsche Bank, JP Morgan and Morgan Stanley. (Reporting by Caryn Trokie)