Bond Santander Bank 5.375% ( USP1507SAH06 ) in USD

Issuer Santander Bank
Market price 99.552 %  ⇌ 
Country  Mexico
ISIN code  USP1507SAH06 ( in USD )
Interest rate 5.375% per year ( payment 2 times a year)
Maturity 16/04/2025 - Bond has expired



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Minimal amount 150 000 USD
Total amount 1 750 000 000 USD
Cusip P1507SAH0
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Detailed description Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America.

A recent financial update concerns a specific bond issuance from Banco Santander, a globally recognized Spanish multinational financial services company and one of the largest banks in the world by market capitalization. With a significant presence across Europe, North America, South America, and Asia, Santander engages in a broad range of banking activities, including retail banking, commercial banking, consumer banking, corporate and investment banking, and wealth management. The bond in question, identified by the ISIN code USP1507SAH06 and CUSIP code P1507SAH0, was an obligation issued from Mexico and denominated in US Dollars (USD). This particular security offered a fixed annual interest rate of 5.375%, with coupon payments disbursed semi-annually, reflecting a payment frequency of two times per year. The total size of this bond issue amounted to $1,750,000,000, indicating a substantial capital raise, while individual investors typically faced a minimum purchase requirement of $150,000 to participate in this offering. The bond was originally set to mature on April 16, 2025. While its last reported market price was 99.552% of its par value, a key development regarding this financial instrument has been confirmed: this obligation has successfully reached its maturity date and has been fully repaid to its bondholders, confirming the complete fulfillment of the issuer's financial commitment regarding this specific debt instrument.