Bond Santander Bank 0% ( US05967QAE26 ) in USD

Issuer Santander Bank
Market price 100 %  ⇌ 
Country  Chile
ISIN code  US05967QAE26 ( in USD )
Interest rate 0%
Maturity 11/04/2017 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 150 000 USD
Total amount 500 000 000 USD
Cusip 05967QAE2
Standard & Poor's ( S&P ) rating A ( Upper medium grade - Investment-grade )
Moody's rating Aa3 ( High grade - Investment-grade )
Detailed description Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America.

The following outlines key characteristics and the ultimate resolution of a specific debt instrument issued by Banco Santander, a leading global financial institution. Identified by ISIN US05967QAE26 and CUSIP 05967QAE2, this bond was a U.S. Dollar-denominated obligation, originally issued from Chile with a substantial total issuance size of USD 500,000,000 and a minimum purchase increment set at USD 150,000. A distinctive feature of this particular bond was its 0% interest rate, indicating no periodic coupon payments were disbursed to bondholders. While the recorded payment frequency was 2, characteristic of certain debt structures, the principal repayment was the primary mechanism of return. Banco Santander, the issuer, stands as one of the world's largest banks, renowned for its extensive retail and commercial banking operations across Europe, Latin America, and North America, serving millions of customers through a vast network. The institution's robust financial standing was reflected in the credit ratings assigned to this obligation by leading agencies: Standard & Poor's rated it 'A', while Moody's provided an 'Aa3' rating, both signifying a strong capacity to meet financial commitments. This particular bond reached its scheduled maturity date on April 11, 2017, at which point it was fully redeemed at 100% of its face value, confirming its successful repayment to investors.