SANTANDER UK PLC 7.95% DEB SUB 26/10/2029SANTANDER UK PLC 7.95% DEB SUB 26/10/2029SANTANDER UK PLC 7.95% DEB SUB 26/10/2029

SANTANDER UK PLC 7.95% DEB SUB 26/10/2029

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Key terms


Outstanding amount
‪213.52 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
7.95% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
4.41%
Maturity date
Oct 26, 2029
Term to maturity
5 years

About SANTANDER UK PLC 7.95% DEB SUB 26/10/2029


Issuer
Abbey National Plc
Sector
Finance
Industry
Regional Banks
Issue date
Oct 26, 1999
Abbey National plc was a UK-based bank and former building society, which latterly traded under the Abbey brand name. As the former Abbey National Building Society, it was the first building society in the UK to demutualise, doing so in July 1989. The bank expanded through a number of acquisitions in the 1990s, including James Hay, Scottish Mutual, Scottish Provident and the rail leasing company Porterbrook. Abbey National launched an online bank, Cahoot, in 2000. The bank rebranded as Abbey in 2003 and became a wholly owned subsidiary of the Spanish Santander Group in 2004. In January 2010, the savings business of Bradford & Bingley was combined with the bank, and Abbey National plc was renamed Santander UK plc. Prior to the takeover, Abbey National plc was a constituent of the FTSE 100 Index.
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