debt
confidence high
sentiment neutral
materiality 0.50
Santander Holdings USA issues $500M of 5.807% senior sustainability notes due 2026
Santander Holdings USA, Inc.
- Completed public sale of $500M aggregate principal of 5.807% Fixed-to-Floating Rate Senior Sustainability Notes due 2026.
- Notes issued under senior debt indenture with Deutsche Bank Trust as trustee, supplemented by Twenty-Ninth Supplemental Indenture.
- Proceeds to be credited to treasury and general liquidity; amount equal to net proceeds earmarked for eligible sustainability assets per Santander Group Global Framework.
- Underwriting agreement with Santander Investment Securities, BNP Paribas, Credit Suisse, and J.P. Morgan as representatives.