Banco Santander Files 6-K Reporting Inside Information

TL;DR

Santander just dropped a 6-K with inside info – watch this space.

AI Summary

Banco Santander, S.A. filed a Form 6-K on October 16, 2024, reporting inside information. The filing indicates that the company is providing an update in compliance with Securities Market legislation. This report is for the month of October 2024 and is filed under the 1934 Act.

Why It Matters

This filing signals that Banco Santander is disclosing material information to the market, which could impact its stock price and investor decisions.

Risk Assessment

Risk Level: medium — Form 6-K filings often contain material non-public information that can lead to significant price movements.

Key Players & Entities

• Banco Santander, S.A. (company) — Registrant
• October 16, 2024 (date) — Filing Date
• 001-12518 (other) — SEC File Number

FAQ

Filing Documents

• dp219394_6k.htm (6-K) — 17KB
• image_002.gif (GRAPHIC) — 2KB
• 0000950103-24-014963.txt ( ) — 21KB

From the Filing

FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of October, 2024 Commission File Number: 001-12518 Banco Santander, S.A. (Exact name of registrant as specified in its charter) Ciudad Grupo Santander 28660 Boadilla del Monte (Madrid) Spain (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F Banco Santander, S.A. TABLE OF CONTENTS Item 1 Report of Inside Information dated October 16, 2024 Item 1 Banco Santander, S.A., in compliance with the Securities Market legislation, hereby communicates the following: INSIDE INFORMATION Banco Santander, S.A. (the “ Issuer ” or “ Banco Santander ”) announces its decision to carry out the optional early redemption of all outstanding contingent redeemable perpetual bonds ( Obligaciones Perpetuas contingentemente amortizables (Bonos de Fidelización) ), with ISIN code ES0213900220, for a nominal total value of nine hundred eighty-one million euros (EUR 981,000,000), which are traded on the AIAF Fixed Income Market ( Mercado AIAF de Renta Fija ) (the “ Bonds ”). The early redemption of all of the outstanding Bonds, for which the pertinent regulatory authorization has already been received, will be carried out on the first optional early redemption window on the seventh anniversary date of the issuance, falling on the remuneration payment date on 15 December 2024, pursuant to the provisions of section 4.8 (Maturity date and redemption assumptions) of the Note on Securities relating to the public offer for sale of the Bonds approved and registered with the CNMV on 12 September 2017 (the “ Securities Note ”). The decision of the Issuer to exercise the optional early redemption right is irrevocable, and holders of the Bonds are being informed by means of this announcement of inside information and other foreseen notices, in the form, within the required timeframe, and for the purposes set out in section 4.8 of the Securities Note. The early redemption price, which will be equal to 100% of the outstanding nominal value of each Bond plus any accrued and unpaid remuneration associated to each Bond up to 15 December 2024, will be paid on such date to the holders of the Bonds by Banco Santander as the paying agent, in accordance with the Securities Note. Boadilla del Monte (Madrid), 16 October 2024 IMPORTANT INFORMATION Not a securities offer This document and the information it contains does not constitute an offer to sell nor the solicitation of an offer to buy any securities. Past performance does not indicate future outcomes historical performance or growth rates must not be construed as suggesting that future performance, share price or results (including earnings per share) will necessarily be the same or higher than in a previous period. Nothing in this document should be taken as a profit and loss forecast. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Banco Santander, S.A. Date: October 16, 2024 By: /s/ Pedro de Mingo Kaminouchi Name: Pedro de Mingo Kaminouchi Title: Head of Regulatory Compliance

View Full Filing

View this 6-K filing on SEC EDGAR