Santander issues EUR 10 million senior non-preferred zero-coupon notes due 2051 - SAN News | RalliesSantander issues EUR 10 million senior non-preferred zero-coupon notes due 2051
S
SAN• Terms of the note issue
- Santander set terms for a EUR 10 million issue of senior non-preferred zero coupon notes due July 16, 2051.
- Notes priced at 100% with a 5.2% accrual yield; denomination set at EUR 100,000.
- Issuer call option starts July 16, 2032, with scheduled step-up redemption prices through July 16, 2050.
ISRG
•
