Banco Santander Files 6-K Report
Ticker: BCDRF · Form: 6-K · Filed: Sep 30, 2024 · CIK: 891478
| Field | Detail |
|---|---|
| Company | Banco Santander, S.A. (BCDRF) |
| Form Type | 6-K |
| Filed Date | Sep 30, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, 6-K
TL;DR
Santander filed a 6-K on 9/30/24, acting as an 'Offeror' - details TBD.
AI Summary
Banco Santander, S.A. filed a Form 6-K on September 30, 2024, reporting information relevant to its operations. The filing indicates that Santander is the "Offeror" in a transaction, though specific details of the offer are not provided in this excerpt. The company is incorporated in Spain and its fiscal year ends on December 31.
Why It Matters
This filing provides an update on Banco Santander's regulatory disclosures, which can impact investor confidence and market perception.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (6-K) that does not contain immediate financial performance data or significant strategic announcements.
Key Players & Entities
- Banco Santander, S.A. (company) — Registrant and Offeror
- September 30, 2024 (date) — Filing date
- 001-12518 (other) — SEC File Number
FAQ
What is the specific nature of the offer that Banco Santander is making as the "Offeror"?
The provided excerpt of the 6-K filing does not specify the details of the offer, only that Banco Santander, S.A. is acting as the "Offeror".
When was this Form 6-K filed with the SEC?
This Form 6-K was filed on September 30, 2024.
What is Banco Santander's fiscal year end?
Banco Santander's fiscal year ends on December 31.
What is the SEC file number for Banco Santander?
Banco Santander's SEC file number is 001-12518.
Does Banco Santander file annual reports under Form 20-F or 40-F?
Banco Santander indicates it files annual reports under cover of Form 20-F.
Filing Stats: 870 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-09-30 08:39:18
Filing Documents
- dp218641_6k.htm (6-K) — 27KB
- image_001.jpg (GRAPHIC) — 3KB
- 0000950103-24-014161.txt ( ) — 32KB
Description of Notes
Description of Notes ISIN Maturity Date Aggregate principal amount accepted Reference Benchmark Reference Benchmark Yield Purchase Spread Purchase Yield Purchase Price (expressed as a percentage) Accrued Interest Amount €1,500,000,000 1.375 per cent. Senior Non-Preferred Instruments due January 2026 XS2168647357 5 January 2026 €502,700,000 EUR SNP Interpolated Mid-Swap Rate 2.616% +15 bps. 2.766% 98.297% €5,117,988.70 €1,750,000,000 3.750 per cent. Fixed Rate Senior Preferred Instruments due January 2026 XS2575952424 16 January 2026 €713,700,000 EUR SP Interpolated Mid-Swap Rate 2.605% +5 bps. 2.655% 101.360% €19,012,468.41 Notes purchased by the Offeror pursuant to the Offer will be cancelled by the Offeror and will not be re-issued or re-sold. Notes which have not been validly submitted or validly submitted but not accepted for purchase pursuant to the Offer will remain outstanding. Following the Settlement Date, there will be an outstanding nominal amount of (i) €997,300,000 of EUR SNP Notes and (ii) €1,036,300,000 of EUR SP Notes. Payment of the relevant Tender Consideration in respect of the Notes accepted for purchase by the Offeror will occur on the Settlement Date, which is expected to be 2 October 2024. Any requests for information in relation to the Offers should be directed to the Dealer Managers or the Tender Agent whose contact details are listed below. SOLE DEALER MANAGER Santander Corporate and Investment Banking Ciudad Grupo Santander Avenida de Cantabria s/n 28660 Madrid, Spain Attn: Liability Management Email: liabilitymanagement@gruposantander.com THE TENDER AGENT Kroll Issuer Services Limited The Shard 32 London Bridge Street London SE1 9SG United Kingdom Tel: +44 20 7704 0880 Attn: Owen Morris Email: santander@is.kroll.com Website: https://deals.is.kroll.com/santander Boadilla del Monte (Madrid), 30 September 2024 NOT FOR RELEASE, PUBLICATION OR