Santander launches USD 2 million 3-year equity-linked notes offering - SAN News | RalliesSantander launches USD 2 million 3-year equity-linked notes offering
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SAN• Santander launches USD 2 million 3-year equity-linked notes offering
- Banco Santander announced a USD 2 million issuance of “Titoli 3Y USD Legati ad Azione” linked to Amazon.com.
- Notes mature on Sept. 25, 2029, with 100% capital protection if held to maturity.
- Payoff includes a variable coupon equal to 78.5% of positive underlying performance, capped at 39.25%.
- Initial valuation date set for Sept. 15, 2026; final valuation date set for Sept. 18, 2029.
- Offering is under Santander International Products’ EUR 15 billion Euro Medium Term Note Programme, guaranteed by Santander.
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