Obligation Santander Bank 0% ( XS1374859822 ) en EUR

Santander Bank

100 % ⇌

Espagne

XS1374859822 ( en EUR )

11/03/2021 - Obligation échue

Prospectus brochure de l'obligation Banco Santander XS1374859822 en EUR 0%, échue

100 000 EUR

50 000 000 EUR

Banco Santander est une banque multinationale espagnole, l'une des plus grandes institutions financières du monde, opérant dans plusieurs pays d'Europe, d'Amérique et d'Asie.

L'Obligation émise par Santander Bank ( Espagne ) , en EUR, avec le code ISIN XS1374859822, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 11/03/2021

Final Terms dated 8 March 2016
Santander International Debt, S.A. Unipersonal
Issue of EUR 50,000,000 Floating Rate Notes due 11 March 2021
Guaranteed by Banco Santander, S.A.
under the 32,000,000,000 Programme for the Issuance of Debt Instruments
guaranteed by Banco Santander, S.A.
The Base Prospectus referred to below (as completed by these Final Terms) has been prepared on the basis
that any offer of Instruments in Ireland, Luxembourg or any Member State of the European Economic Area
which has implemented the Prospectus Directive (2003/71/EC), as amended, (each, a Relevant Member
State) will be made pursuant to an exemption under the Prospectus Directive, as implemented in that
Relevant Member State, from the requirement to publish a prospectus for offers of the Instruments.
Accordingly any person making or intending to make an offer in that Relevant Member State of the
Instruments may only do so in circumstances in which no obligation arises for the Issuer or any Dealer to
publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to
Article 16 of the Prospectus Directive, in each case, in relation to such offer. Neither the Issuer nor any Dealer
has authorised, nor do they authorise, the making of any offer of Instruments in any other circumstances.
The Base Prospectus together with the relevant Final Terms have been published on the websites on the Irish
Stock Exchange (www.ise.ie) and the Central Bank of Ireland (http://www.centralbank.ie) in an agreed
electronic format.
PART A -- CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the General Terms and
Conditions (the "General Terms and Conditions" and together with the applicable Annex(es) the "Terms
and Conditions") set forth in the Base Prospectus dated 15 June 2015, the First Supplement to the Base
Prospectus dated 20 August 2015 and the Second Supplement dated 1 February 2016 which together
constitutes a base prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC, as amended
(which includes the amendments made by Directive 2010/73/EU)) (the Prospectus Directive). This
document constitutes the Final Terms of the Instruments described herein for the purposes of Article 5.4 of
the Prospectus Directive and must be read in conjunction with the Base Prospectus dated 15 June 2015 as so
supplemented. Full information on the Issuer, the Guarantor and the offer of the Instruments is only available
on the basis of the combination of these Final Terms and the Base Prospectus dated 15 June 2015 as so
supplemented. The Base Prospectus, the First Supplement to the Base Prospectus dated 20 August 2015 and
the Second Supplement dated 1 February 2016 are available for viewing at the registered office of the Issuer
and the head office of the Guarantor (being Ciudad Grupo Santander, Avenida de Cantabria s/n, 28660
Boadilla del Monte, Madrid, Spain), the offices of the Issue and Paying Agent, The Bank of New York
Mellon, London Branch at One Canada Square, London E14 5AL and at the offices of each Paying Agent and
copies may be obtained from the addresses specified above. The Base Prospectus has been published on the
websites on the Irish Stock Exchange (www.ise.ie) and the Central Bank of Ireland
(http://www.centralbank.ie).

1.
(
i)
Issuer:
Santander International Debt, S.A. Unipersonal

(ii)
Guarantor :
Banco Santander, S.A.
2.
(
i)
Series Number:
369

(ii)
Tranche Number:
1

1

3.
A pplicable Annex(es)
Not Applicable
4.

Specified Currency:
Euros ("EUR")
5.

Aggregate Principal
EUR 50,000,000
Amount:

(i)
Series:
EUR 50,000,000

(ii)
Tranche:
EUR 50,000,000
6.
Is sue Price:
100 per cent. of the Aggregate Principal Amount
7.

Specified Denominations:
EUR 100,000
8.
C alculation Amount:
EUR 100,000
9.
(
i)
Issue Date:
11 March 2016

(ii)
Interest
Issue Date
Commencement
Date:
10.

Maturity Date:
Interest Payment Date falling in March 2021
11. In terest Basis:
3 Month EURIBOR+ 1.25% per annum

12. R edemption/Payment Basis: Redemption at par

13. P ut/Call Options:
Not Applicable

14. (
i)
Status of the
Senior
Instruments:

(ii)
Status of the
Senior
Guarantee:

(iii) Date Board approval
7 March 2016
for issuance of
Instruments
obtained:
2

15.

Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. F ixed Rate Instrument
Not Applicable
Provisions

17.

Reset Instrument
Not Applicable
Provisions
18. O ther Variable Interest
Not Applicable
Rate Instrument
Provisions

19. F loating Rate and CMS-
Applicable
Linked Instrument

Provisions

(i) Interest Period(s):
The period from and including the Issue Date to but excluding the First

Interest Payment Date and thereafter, each period from and including an

Interest Payment Date to but excluding the next Interest Payment Date.

(ii) Interest Payment Dates
11 June, 11 September , 11 December, 11 March of each year, from the

First Interest Payment Date to and including 11 March 2021, all dates

being subject to adjustment in accordance with the Business Day

Convention specified below.

(iii) First Interest Payment

Date:
11 June 2016

(iv) Business Day

Convention:
Modified Following Business Day Convention

(v) Manner in which the

Rate(s) of Interest is/are to

be determined:
Screen Rate Determination

(vi) Party responsible for

calculating the Rate(s) of

Interest and/or Interest

Amount(s) (if not the

Agent):
Banco Santander, S.A.

(vii) Margin Plus Rate:
Applicable

(viii) Specified Percentage

Multiplied by Rate:
Not Applicable

(ix) Difference in Rates:
Not Applicable

(x) Screen Rate

Determination of Rate
Applicable

-- Reference Rate:
The EURIBOR rate for 3 months deposits in EUR appearing on the

Relevant Screen page at 11:00 am (Brussels time) on the Interest

Determination Date
3

-- Interest Determination
The second TARGET Business Day prior to the first day of each Interest
Date(s):
Period

-- Relevant Screen Page:
Reuters page EURIBOR 01 or any successor page

-- Relevant Time:
11.00 a.m. Brussels time

(xi) ISDA Determination:
Not Applicable

(xii) Margin(s):
+ 1.25 per cent. per annum

(xiii) Minimum Rate of
0.00 per cent. per annum
Interest:

(xiv) Maximum Rate of
Not Applicable
Interest:

(xv) Day Count Fraction:
Act/360 adjusted

(xvi) Step-up Provisions
Not Applicable

4

20. E quity Index-Linked
Not Applicable
Interest Instruments
Provisions
21.

Additional
provisions Not Applicable
applicable
to
Equity
Index-Linked
Interest
Instruments
22. I
nflation-Linked Interest Not Applicable
Instruments Provisions

23. K ey Dates relating to Not Applicable
Variable Interest Rate
Instruments (and if so
specified applicable to
other kind of Instruments)

PROVISIONS RELATING TO REDEMPTION
24.

Call Option:
Not Applicable

25. P ut Option
Not Applicable

26.

Maturity Redemption
EUR 100,000 per Instrument of EUR 100,000 specified denomination
Amount of each
Instrument
27. E arly Redemption Amount and Early Redemption Amount (Capital Disqualification Event)

Early Redemption
As set out in the Terms and Conditions
Amount(s) of each
Instrument payable on
redemption for taxation
reasons, on a capital
disqualification event (if
applicable) or on event of
default:
GENERAL PROVISIONS APPLICABLE TO THE INSTRUMENTS
28. F orm of Instruments:
Bearer

Temporary Global Instrument exchangeable for a Permanent Global
Instrument which is exchangeable for Definitive Instruments in the
limited circumstances specified in the Permanent Global Instrument
5

29.

New Global Note:
Yes
30. T alons for future Coupons
No
or Receipts to be attached to
Definitive Instruments (and
dates on which such Talons
mature):
31.

Details relating to Partly
No
Paid Instruments: amount of
each payment comprising
the Issue Price and date on
which each payment is to be
made [and consequences (if
any) of failure to pay,
including any right of the
Issuer to forfeit the
Instruments and interest due
on late payment]:
32. B usiness Day:
TARGET
33. R elevant Financial Centre:
Not Applicable
34. R elevant Financial Centre
Not Applicable
Day:
35.

Amount of each instalment
Not Applicable
("Instalment Amount"),
date on which each payment
is to be made ("Instalment
Date"):
36. C ommissioner:
Mr. Jesús Merino
DISTRIBUTION
37. (
i) If syndicated, names and
Not applicable
addresses of Managers and
underwriting commitments:

(ii) Date of Subscription
Not Applicable
Agreement
38. If non-syndicated, name and UniCredit Bank AG
address of Dealer/Manager:
Arabellastrasse 12
81925 Munich
Germany

39. T otal commission and
Not Applicable
concesion
40.

US Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
41. P ublic Offer:
Not Applicable

6

PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for issue and admission to trading on the Regulated
Market of the Irish Stock Exchange (Ireland) of the Instruments described herein pursuant to the
32,000,000,000 Programme for the Issuance of Debt Instruments of Santander International Debt, S.A.
Unipersonal and Santander Issuances, S.A. Unipersonal guaranteed by Banco Santander, S.A.
RESPONSIBILITY
The Issuer and the Guarantor accept responsibility for the information contained in these Final Terms.
CONFIRMED
SANTANDER INTERNATIONAL DEBT, S.A. UNIPERSONAL
By:

Authorised Signatory
Date: 8 March 2016

BANCO SANTANDER, S.A.
By:

Authorised Signatory
Date: 8 March 2016

7

PART B -- OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
Application has been made by the Issuer (or on its behalf) for the Instruments to be listed on the
Official List of the Irish Stock Exchange and admitted to trading on the Regulated Market of the
Irish Stock Exchange with effect from the Issue Date.
2.
RATINGS
The Instruments to be issued have been rated:
S&P: A-
Moody's: A3
Fitch: A-
These credit ratings have been issued by Standard & Poor's Credit Market Services Europe Limited,
Moody's Investor Services España, S.A. and Fitch Ratings España, S.A.U.
Each of Standard & Poor's Credit Market Services Europe Limited, Moody's Investor Services
España, S.A. and Fitch Ratings España, S.A.U. is established in the European Union and is
registered under Regulation (EC) No. 1060/2009 (as amended) (the CRA Regulation). As such
each of Standard & Poor's Credit Market Services Europe Limited, Moody's Investor Services
España, S.A. and Fitch Ratings España, S.A.U. is included in the list of credit rating agencies
published by the European Securities and Markets Authority on its website in accordance with the
CRA Regulation.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE/OFFER
Save as discussed in paragraph 5.4 ("Placing and Underwriting") of the Base Prospectus, so far as
the Issuer is aware, no person involved in the offer of the Instruments has an interest material to the
offer.
4.
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i)
Reasons for the offer
See
"Use
of
Proceeds"
wording in Base Prospectus
(ii)
Estimated net proceeds:
EUR 49,985,000

(iii)
Estimated total
EUR 600 (Listing Fees)

5.
FIXED RATE INSTRUMENTS ONLY-- YIELD

Indication of yield:
Not Applicable

6.
RATE INSTRUMENTS ONLY HISTORIC INTEREST RATE
Details of historic EURIBOR rates can be obtained from Reuters.

8

7.
CMS LINKED NOTES ONLY HISTORIC RATE
Not Applicable
8.
INFLATION LINKED INSTRUMENTS, EQUITY LINKED INSTRUMENTS ONLY --
PERFORMANCE OF INDEX/OTHER VARIABLE, EXPLANATION OF EFFECT ON
VALUE OF INVESTMENT AND ASSOCIATED RISKS AND OTHER INFORMATION
CONCERNING THE UNDERLYING

Not Applicable
9.
OPERATIONAL INFORMATION
ISIN:
XS1374859822

Common Code:
137485982
WKN:
A18YN5
Any other Clearing System other Not Applicable
than Euroclear and Clearstream
Banking, société anonyme and the
relevant identification numbers:
Delivery:
Delivery against payment
Names and addresses of additional Not Applicable
Paying Agent(s) (if any):
Intended to be held in a manner Yes. Note that the designation "yes" simply means that the Instruments
which would allow Eurosystem are intended upon issue to be deposited with one of the ICSDs as
eligibility:
common safekeeper and does not necessarily mean that the Instruments
will be recognised as eligible collateral for Eurosystem monetary
policy and intra day credit operations by the Eurosystem either upon
issue or at any or all times during their life. Such recognition will
depend upon the ECB being satisfied that Eurosystem eligibility
criteria have been met.

10.
TERMS AND CONDITIONS OF THE OFFER

Not Applicable

9