Obligation Santander Bank 2% ( XS1411541847 ) en USD

Société émettrice Santander Bank
Prix sur le marché 100 %  ⇌ 
Pays  Espagne
Code ISIN  XS1411541847 ( en USD )
Coupon 2% par an ( paiement trimestriel )
Echéance 23/05/2021 - Obligation échue



Prospectus brochure de l'obligation Banco Santander XS1411541847 en USD 2%, échue


Montant Minimal 150 000 USD
Montant de l'émission 50 370 000 USD
Description détaillée 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 USD, avec le code ISIN XS1411541847, paye un coupon de 2% par an.
Le paiement des coupons est trimestriel et la maturité de l'Obligation est le 23/05/2021







Final Terms dated 18 May 2016
Santander International Debt, S.A. Unipersonal
Issue of USD 50,370,000 Floating Rate Senior unsecured Instruments due 23 May 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 has 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,
the Second Supplement dated 1 February 2016 and the Third Supplement dated 25 April 2016 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 such Base
Prospectus as so supplement. A summary of the individual issue is annexed to this Final Terms. 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 and the
Supplements to the Base Prospectus 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:
378

(ii)
Tranche Number:
1
3.
Applicable Annex(es)
Not Applicable
4.
Specified Currency:
USD
5.
Aggregate Principal Amount:


(i)
Series:
USD 50,370,000
13




(ii)
Tranche:
USD 50,370,000
6.
Issue Price:
98.60 per cent. of the Aggregate Principal (the
"Issue Price")
7.
Specified Denominations:
USD 1,500
For so long as the Instruments trade through the
Clearing Systems and the Clearing Systems so
permit, the Instruments will trade in minimum
amounts of USD 150,000 and incremental
amounts of USD 1,500 thereon
The Instruments will be initially issued and
subsequently traded in aggregate principal
amounts of not less than USD 150,000.
Accordingly, any investor in the Instruments will
not be permitted to acquire or trade Instruments
in aggregate principal amounts of less than USD
150,000
8.
Calculation Amount:
The Specified Denomination
9.
(i)
Issue Date:
23 May 2016

(ii)
Interest Commencement Date:
Issue Date
10.
Maturity Date:
23 May 2021
11.
Interest Basis:
USLIBOR Floating Rate, subject to the
Minimum Rate of Interest and the Maximum
Rate of Interest
12.
Redemption/Payment Basis:
Redemption at par

13.
Put/Call Options:
Not Applicable
14.
(i)
Status of the Instruments:
Senior

(ii)
Status of the Guarantee:
Senior

(iii)
Date Board approval for issuance of
10 May 2016
Instruments obtained:
14



15.
Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Instrument Provisions
Not Applicable
17.
Reset Instrument Provisions
Not Applicable
18.
Other Variable Interest Rate Instrument
Not Applicable
Provisions
19.
Floating Rate and CMS-Linked Instrument
Applicable
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 be excluding the next
Interest Payment Date

(ii)
Interest Payment Dates:
Every 23 of May, August, November and

February in each year, commencing on 23
August 2016 up to and including the Maturity
Date, all dates subject to adjustment in
accordance with the Business Day Convention
specified below

(iii)
First Interest Payment Date:
23 August 2016

(iv)
Business Day Convention:
Modified Following Business Day Convention

(v)
Manner in which the Rate(s) of Interest
Screen Rate Determination
is/are to be determined:

(vi)
Party responsible for calculating the
Banco Santander, S.A.
Rate(s) of Interest and/or Interest
Amount(s):

(vii)
Margin Plus Rate:
Not Applicable

(viii)
Specified Percentage Multiplied by Rate: Not Applicable

(ix)
Difference in Rates:
Not Applicable

(x)
Screen Rate Determination of Rate:

15





-- Reference Rate:
The rate for deposits in USD for a period of 3
months appearing on the Relevant Screen Page at
the Relevant Time on the relevant Interest
Determination Date


-- Interest Determination Date(s):
Two business days in advance of each Interest
period.


-- Relevant Screen Page:
Reuters page LIBOR01


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

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

(xiv)
Maximum Rate of Interest:
4.00 per cent. per annum

(xv)
Day Count Fraction:
Act/360 adjusted

(xvi)
Step-up Provisions
Not Applicable
20.
Equity Index-Linked Interest Instruments
Not Applicable
Provisions
21.
Additional provisions applicable to Equity Not Applicable
Index-Linked Interest Instruments
22.
Inflation-Linked Interest Instruments
Not Applicable
Provisions
16



23.
Key Dates relating to Variable Interest Rate Not Applicable
Instruments (and if so specified applicable to
other kind of Instruments)
PROVISIONS RELATING TO REDEMPTION
24.
Call Option:
Not Applicable

25.
Put Option
Not Applicable

26.
Maturity Redemption Amount of each
USD 1,500 per Instrument of USD 1,500
Instrument
specified denomination
27.
Early Redemption Amount and Early Redemption Amount (Capital Disqualification Event)

Early Redemption Amount(s) of each Instrument
As set out in the General Terms and Conditions
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.
Form 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
29.
New Global Note:
Yes
30.
Talons for future Coupons or Receipts to be No
attached to Definitive Instruments (and dates
on which such Talons mature):
31.
Details relating to Partly Paid Instruments: Not applicable
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
17



the Instruments and interest due on late
payment:
32.
Business Day:
London and New York
33.
Relevant Financial Centre:
London and New York
34.
Relevant Financial Centre Day:
London and New York
35.
Amount of each instalment
("Instalment Not Applicable
Amount"), date on which each payment is to be
made ("Instalment Date"):
36.
Commissioner:
Mr. Jesús Merino

DISTRIBUTION
37.
(i) If syndicated, names and addresses of
Not Applicable
Managers and underwriting commitments:

(ii) Date of Subscription Agreement
Not Applicable
38.
If non-syndicated, name and address of
Banco Santander International
Dealer/Manager:
1401 Brickell Avenue, Suite 1500
Miami, FL 33131
USA

The Dealer shall act on a best effort basis and
shall have no underwriting commitments.

39.
Total commission and concession:
Not applicable
40.
US Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
Neither the Instruments nor the Guarantee have
been or will be registered under the United States
Securities Act of 1933 (the "Securities Act") and
the Instruments may not be offered or sold within
the United States or to or for the account or
benefit of U.S. persons except in certain
transactions exempt from, or not subject to, the
18



registration requirements of the Securities Act.
Terms used in the preceding sentence have the
meanings given to them by Regulation S under
the Securities Act
41.
Public Offer:
Not Applicable

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 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: 18 April 2016

BANCO SANTANDER, S.A.


By:



Authorised Signatory

Date: 18 April 2016

19



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

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 49,664,820

(iii)
Estimated total
EUR 600 (Listing Fees)

expenses:

5.
Fixed Rate Instruments only- HISTORIC INTEREST RATES

Not Applicable

6.
Floating Rate Instruments only -- HISTORIC INTEREST RATES


Details of historic LIBOR can be obtained from Reuters Screen

20



7.
CMS Linked notes Only- HISTORIC RATES

Not Applicable

8.
Inflation Linked instruments, Equity Linked instruments only- PERFORMANCE OF
INDEX/OTHER VARIABLE, EXPLANATION OF EFECT ON VALUE OF INVESTMENT
AND ASSOCIATED RISK AND OTHER INFORMATION CONCERNING THE
UNDERLYING: Not Applicable



9.
OPERATIONAL INFORMATION


ISIN:
XS1411541847


Common Code:
141154184


WKN:
Not Applicable


Any other Clearing System other
than Euroclear and Clearstream
Banking, société anonyme and the
relevant identification numbers:
Not Applicable


Delivery:
Delivery free of payment


Names and addresses of additional Not applicable
Paying Agent(s) (if any):


Intended to be held in a manner Yes.
which would allow Eurosystem
eligibility:
Note that the designation "yes" simply means that the Instruments
are intended upon issue to be deposited with one of the ICSDs as
common safekeeper (and registered in the name of a nominee of
one of the ICSDs acting as common safekeeper) and does not
necessarily mean that the Instruments will be recognised as
eligible collateral for Eurosystem monetary policy and intraday
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





Offer Price:
100%




Offer Period:
Not Applicable





Conditions to which the offer is Not Applicable
subject:





Description of the application process:
Not Applicable




Description of possibility to reduce
Not Applicable
subscriptions and manner for
refunding excess amount paid by
applicants:





Details of the minimum and/or Minimum Amount of application: USD 150,000
maximum amount of application:
Maximum Amount of application: Not Applicable



21




Details of the method and time limits
Not Applicable
for paying up and delivering the
Instruments:





Manner in and date on which results of
Not Applicable
the offer are to be made public:






Procedure for exercise of any right of
Not Applicable
pre-emption, negotiability of

subscription rights and treatment of
subscription rights not exercised:





Categories of potential investors to This is disclosed in the Base Prospectus; US Selling Restrictions,
which the Instruments are offered
Reg. S Compliance Category 2 and TEFRA D applies
and whether tranche(s) have been
reserved for certain countries:





Process for notification to applicants
Not Applicable
of the amount allotted and the
indication whether dealing may begin
before notification is made:





Amount of any expenses and taxes
Not Applicable
specifically charged to the subscriber

or purchaser:





Name(s) and address(es), to the extent
Not Applicable
known to the Issuer, of the placers in
the various countries where the offer
takes place.
























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Document Outline