SSS

Santander Holdings USA, Inc. 7.66% 09-NOV-2031

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Analysis

SAN5698928 analysis



Key facts


Issuer
Santander Holdings USA, Inc.
Issue date
Nov 9, 2023
Maturity date
Nov 9, 2031
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.66% (Variable)
Yield to maturity
5.80%
Santander in the U.S. is a diversified financial business with ~15,000 employees, 5 million customers and $155 billion in assets. Santander’s purpose is to help people and businesses prosper. In the U.S., Santander does this through Santander Bank, N.A. (SBNA), its retail and commercial bank in the U.S. northeast; Santander Consumer USA Holdings Inc. (SC, NYSE: SC), its consumer finance unit based in Dallas, Texas; through private banking through Banco Santander International in Miami; and in investment banking and markets through a New York branch and Santander Investment Securities, Inc. Santander US is part of Banco Santander S.A., a leading retail and commercial bank based in Spain with a meaningful presence in 10 core markets in Europe and the Americas.
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