Financing ·
Banco Santander (Brasil) S.A. issued financial bills with a subordination clause to private investors, totaling R$…
BSBRBanco Santander (Brasil) S.A.
Banco Santander (Brasil) S.A. issued financial bills with a subordination clause to private investors, totaling R$ 1,386,600,000.00. The proceeds are designated to compose Level II of the Company's Reference Equity (RP) in compliance with BCB Resolution No. 122. These financial bills carry a ten-year maturity and include a repurchase option starting in 2031. This issuance is intended to impact the company's Level II capitalization ratio. The company operates in the banking and financial services industry.