Bond Santander Consumer Credit 0% ( ES0513495UC6 ) in EUR

Issuer Santander Consumer Credit
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0513495UC6 ( in EUR )
Interest rate 0%
Maturity 21/12/2020 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 63 200 000 EUR
Detailed description Santander Consumer Finance is a European consumer finance company providing lending and related financial services, including auto loans, personal loans, and credit cards, primarily operating in the UK, Germany, and Poland, and a subsidiary of Banco Santander.

A recent update in the debt capital markets confirms the successful maturity and full repayment of a specific debt instrument issued by Santander Consumer Finance, identified by ISIN code ES0513495UC6. This bond, which reached its maturity date on December 21, 2020, was promptly repaid at 100% of its nominal value to its holders, signifying a timely and complete discharge of the issuer's obligation. Santander Consumer Finance, the originating entity of this bond, is a prominent European consumer finance company and a wholly-owned subsidiary of Banco Santander S.A., one of the world's largest banking groups. Specializing in a comprehensive range of consumer finance products, including car financing, personal loans, and credit cards, Santander Consumer Finance plays a crucial role in supporting consumer spending and economic activity across various European markets, including its country of issuance, Spain, where it maintains a robust presence and significant market share. The bond in question, denominated in EUR, was part of a total issuance valued at ?63,200,000. Characterized by a zero-interest rate, this instrument did not provide periodic coupon payments to its investors, implying a structure where any investor return would primarily have been derived from the difference between its purchase price and the full principal repayment at maturity. The minimum acquisition size for this particular bond was set at ?100,000, catering to institutional or larger individual investors. The final and successful repayment on its maturity date underscores the issuer's commitment to fulfilling its financial obligations in the debt capital markets.