Financing ·
Banco Santander, S.A. announced the results of its tender offer to purchase up to $850,000,000 of its 4.750%…
SANBanco Santander, S.A.
Banco Santander, S.A. announced the results of its tender offer to purchase up to $850,000,000 of its 4.750% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities for cash. A total of $701,600,000 in aggregate principal amount of these securities were validly tendered and accepted, leaving an aggregate principal amount of $298,400,000 in these securities outstanding after the Offer. The expected settlement date is June 11, 2026. Banco Santander, S.A. is a global banking and financial services company.