Bond Santander Bank 4.175% ( US05964HAQ83 ) in USD

Issuer	Santander Bank
Market price	99.249 % ▲
Country	Spain
ISIN code	US05964HAQ83 ( in USD )
Interest rate	4.175% per year ( payment 2 times a year)
Maturity	24/03/2028
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Minimal amount	/
Total amount	/
Cusip	05964HAQ8
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Moody's rating	Baa1 ( Lower medium grade - Investment-grade )
Next Coupon	24/09/2025 ( In 54 days )
Detailed description	Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. A fixed-income instrument issued by Banco Santander, identified by ISIN US05964HAQ83 and CUSIP 05964HAQ8, is currently trading on the market at 98.748% of its par value. This specific bond, denominated in USD despite its country of issuance being Spain, offers a fixed interest rate of 4.175%, with coupon payments disbursed semi-annually, reflecting a payment frequency of two per year. The maturity date for this bond is set for March 24, 2028. The creditworthiness of this debt instrument is assessed by leading rating agencies, with Standard & Poor's assigning it an 'A-' rating and Moody's providing a 'Baa1' rating, both indicating an investment-grade quality. Banco Santander, the issuer, is a prominent global financial services company headquartered in Spain, recognized as one of the largest banks in the world by market capitalization and a significant player in retail and commercial banking. With an extensive international footprint spanning Europe, Latin America, and North America, Santander's diversified business model, strong balance sheet, and established market presence underpin its capacity to meet its financial obligations, contributing to the perceived stability and reliability of its debt offerings in the global financial markets.