Bond Factsheet
SANTAN 5.179% 19Nov2025 Corp (USD)
Banco Santander S.A.
Indicative
Full Lot
Bid Price 100.354
Change in Bid Price 0.008
Bid Yield (%) -
Change in Bid Yield
-
Ask Price 100.388
Change in Ask Price 0.001
Ask Yield (%) -
Change in Ask Yield
-
Indicative price as of 19 Nov 2025, 12:00am
Bond Issuer
Banco Santander S.A.
Guarantor
-
Announcement Date
12 Nov 2015
Issue Date
19 Nov 2015
Maturity Date
19 Nov 2025
Years to Maturity / Next Call
- / -
Modified Duration
-
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
5.179
Coupon Type
Fixed
Annual Coupon Rate
5.179
Coupon Frequency
Semi Annually
Seniority
Subordinated
Capital Structure
Subordinated
Reference Rate
-
ISIN
US05971KAA79
CUSIP
05971KAA7
Bond Currency
USD
Total Issue Size
1,500,000,000
Min. Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 200,000
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Banks
Issuer Credit Rating (S&P/ Fitch)
***/ A
Bond Credit Rating (S&P/ Fitch)
***/ BBB+
Shariah Compliant
No
Exchange Listed
Others
Loss Absorption
Agreement and Acknowledgement with Respect to the Exercise of Spanish Bail-in Power
Notwithstanding any other term of the Subordinated Notes or any other agreements, arrangements, or understandings between Santander Issuances and any holder of the Subordinated Notes, by its acquisition of the Subordinated Notes, each holder (which, for the purposes of this clause, includes each holder of a beneficial interest in the Subordinated Notes) acknowledges, accepts, consents to and agrees to be bound by:
(a) the effect of the exercise of the Spanish Bail-in Power by the relevant resolution authority, which exercise may include and result in any of the following, or some combination thereof:
(i) the reduction of all, or a portion, of the Amounts Due on the Subordinated Notes;
(ii) the conversion of all, or a portion, of the Amounts Due on the Subordinated Notes into ordinary shares, other securities or other obligations of Santander Issuances, Banco Santander or another person (and the issue to or conferral on the holder of the Subordinated Notes of such shares, securities or obligations), including by means of an amendment, modification or variation of the terms of the Subordinated Notes;
(iii) the cancellation of the Subordinated Notes;
(iv) the amendment or alteration of the maturity of the Subordinated Notes or amendment of the amount of interest payable on the Subordinated Notes, or the date on which the interest becomes payable, including by suspending payment for a temporary period; and
(b) the variation of the terms of the Subordinated Notes, if necessary, to give effect to the exercise of the Spanish Bail-in Power by the relevant resolution authority.
Additional Note
Unless otherwise specified in the relevant prospectus supplement, if, in relation to subordinated debt securities of any series, (i) there is a change in Spanish law, Applicable Banking Regulations or any change in the application or official interpretation thereof that Banco Santander or Santander Issuances determines results or is likely to result in the entire outstanding aggregate principal amount of subordinated debt securities of such series ceasing to be included in, or counting towards, Banco Santander’s and/or the Group’s Tier 2 Capital and (ii) such circumstances are evidenced by the delivery by Santander Issuances or Banco Santander, as the case may be, to the trustee of a certificate signed by two directors of Banco Santander stating that the said circumstances prevail and describing the facts leading thereto and a copy of the Regulator’s consent to the redemption, Santander Issuances may, at its option and having given no less than 30 nor more than 60 days’ notice (ending, in the case of subordinated debt securities which bear interest at a floating rate, on a day upon which interest is payable) to the holders of the subordinated debt securities of such series in accordance with the terms described under “—Notices” below (which notice shall be irrevocable), redeem in whole but not in part of the outstanding subordinated debt securities of such series in accordance with the requirements of Applicable Banking Regulations in force at the relevant time) at their early capital disqualification event redemption amount (the “Early Redemption Amount (Capital Disqualification Event)”) (which shall be their principal amount or such other Early Redemption Amount (Capital Disqualification Event) as may be specified in or determined in the relevant prospectus supplement), together with accrued interest (if any) thereon; provided, however, that the Regulator consents to redemption of the subordinated debt securities of such series.
Redemption for regulatory reasons is subject to the prior consent of the Regulator and may only take place in accordance with Applicable Banking Regulations in force at the relevant time.
Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.