tiprankstipranks
Company Announcements

Banco Santander Amends and Finalizes Note Purchase Invitation

Story Highlights
  • Banco Santander corrected an error regarding the outstanding nominal amount of EUR 2027 Notes.
  • The bank accepted €600,800,000 of EUR 2026 Notes and €563,600,000 of EUR 2027 Notes for purchase.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Banco Santander Amends and Finalizes Note Purchase Invitation

Discover the Best Stocks and Maximize Your Portfolio:

An announcement from Banco Santander ( (ES:SAN) ) is now available.

Banco Santander has amended an error in their recent announcement regarding their invitation to purchase certain subordinated notes. The corrected outstanding nominal amount for the EUR 2027 Notes is €436,400,000. The bank has accepted to purchase €600,800,000 of the EUR 2026 Notes and €563,600,000 of the EUR 2027 Notes, following their tender offer. These notes will be cancelled and not re-issued, impacting the outstanding amounts significantly.

More about Banco Santander

Banco Santander S.A. is a leading financial institution in the banking sector, known for providing a wide array of financial services including retail banking, corporate banking, and investment banking. The company is a prominent player with a significant market focus in Europe and the Americas.

YTD Price Performance: 28.18%

Average Trading Volume: 7,146,114

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £72.03B

Learn more about SAN stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1