Obligation Santander Consumer Credit SA 0.375% ( XS2100690036 ) en EUR

Santander Consumer Credit SA

100 % ⇌

Espagne

XS2100690036 ( en EUR )

0.375% par an ( paiement annuel )

17/01/2025 - Obligation échue

Prospectus brochure de l'obligation Santander Consumer Finance SA XS2100690036 en EUR 0.375%, échue

Santander Consumer Finance SA est une société financière spécialisée dans le financement à la consommation, filiale du groupe bancaire Santander, proposant des crédits à la consommation, des prêts automobiles et des solutions de financement pour les biens de consommation durables.

L'Obligation émise par Santander Consumer Credit SA ( Espagne ) , en EUR, avec le code ISIN XS2100690036, paye un coupon de 0.375% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 17/01/2025

EXECUTION VERSION
Final Terms dated 14 January 2020
Santander Consumer Finance, S.A.
Issue of EUR 1,000,000,000 0.375% Ordinary Senior Notes due 17 January 2025
under the 15,000,000,000
Euro Medium Term Note Programme
PART A CONTRACTUAL TERMS
Terms used herein shal be deemed to be defined as such for the purposes of the Conditions (the
"Conditions") set forth in the Base Prospectus dated 18 June 2019 and supplemented on 25
October 2019 (the "Base Prospectus") for the purposes of the Prospectus Directive. This
document constitutes the Final Terms of the Notes described herein for the purposes of Article
5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus.
Ful information on the Issuer and the offer of the Notes is only available on the basis of the
combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for
viewing at the website of the Central Bank of Ireland (www.centralbank.ie).
The expression "Prospectus Directive" means Directive 2003/71/EC (as amended by Directive
2010/73/EU).
MIFID I product governance / Professional investors and ECPs target market Solely for
the purposes of each manufacturer's product approval process, the target market assessment in
respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible
counterparties and professional clients, each as defined in Directive 2014/65/EU, as amended
("MiFID I "); and (i ) al channels for distribution of the Notes are appropriate. Any person
subsequently offering, sel ing or recommending the Notes (a "distributor") should take into
consideration the manufacturers' target market assessment; however, a distributor subject to
MiFID I is responsible for undertaking its own target market assessment in respect of the Notes
(by either adopting or refining the manufacturers' target market assessment) and determining
appropriate distribution channels, subject to the distributor's suitability and appropriateness
obligations under MiFID II, as applicable.

PRI Ps Regulation / Prohibition of sales to EEA Retail Investors The Notes are not intended
to be offered, sold or otherwise made available to and should not be offered, sold or otherwise
made available to any retail investor in the European Economic Area ("EEA"). For these purposes,
a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11)
of Article 4(1) of MiFID II); or (i ) a customer within the meaning of Directive 2002/92/EC (as
amended or superseded, "IMD"), where that customer would not qualify as a professional client
as defined in point (10) of Article 4(1) of MiFID II; or (i i) not a qualified investor as defined in
Directive 2003/71/EC, as amended (the "Prospectus Directive"). Consequently no key
information document required by Regulation (EU) No 1286/2014 (as amended, the "PRI Ps
Regulation") for offering or sel ing the Notes or otherwise making them available to retail
investors in the EEA has been prepared and therefore offering or sel ing the Notes or otherwise
making them available to any retail investor in the EEA may be unlawful under the PRIIPS
Regulation.

1

1.
Issuer:
Santander Consumer Finance, S.A.
2.
(i)
Series Number:
89

(i )
Tranche Number:
1

(i i)
Date on which the Notes
Not Applicable
become fungible:
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Principal Amount:

(i)
Series:
EUR 1,000,000,000

(i )
Tranche:
EUR 1,000,000,000
5.
Issue Price:
99.802% of the Aggregate Principal Amount
6.
Specified Denominations:
EUR 100,000
7.
(i)
Issue Date:
17 January 2020

(i )
Interest Commencement
17 January 2020
Date:
8.
Maturity Date:
17 January 2025
9.
Interest Basis:
0.375% per annum Fixed Rate

(further particulars specified below at
paragraph 13)
10.
Redemption/Payment Basis:
Subject to any purchase and cancel ation or
early redemption, the Notes wil be redeemed
on the Maturity Date at 100% of their nominal
amount.
11.
Put/Cal Options:
Not Applicable
12.
(i)
Status of the Notes:
Ordinary Senior Notes

(i )
Date of approval for issuance 14 January 2020
of Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

2

13.
Fixed Rate Note Provisions
Applicable

(i)
Rate of Interest:
0.375% per annum payable annual y in arrear

(i )
Interest Payment Dates:
17 January in each year from and including
17 January 2021 and ending on the Maturity
Date subject to adjustment for payment only
in accordance with the Fol owing Business
Day Convention (Unadjusted)

(i i)
Fixed Coupon Amount:
EUR 375.00 per Specified Denomination

(iv)
Day Count Fraction:
Act/act ICMA, unadjusted

(v)
Determination Dates:
17 January in each year

(vi)
Broken Amount(s):
Not Applicable
14.
Floating Rate and CMS-Linked Note
Not Applicable
Provisions
15.
Zero Coupon Note Provisions
Not Applicable
16.
Reset Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Cal Option and/or Regulatory Cal :
Not Applicable
18.
Put Option
Not Applicable
19.
Maturity Redemption Amount of each EUR 100,000 per Note of Specified
Note:
Denomination
20.
Early Redemption Amount (Tax),
Not Applicable
Early Redemption Amount (Capital
Disqualification Event) and Early
Redemption Amount (TLAC/MREL
Disqualification Event):
21.
TLAC/MREL Disqualification Event
Not Applicable

3

Early Redemption Amount(s) of each EUR 100,000 per Note of EUR 100,000
Note payable on redemption for
Specified Denomination
taxation reasons or on event of
default:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22.
Form of Notes:
Temporary Global Note exchangeable for a
Permanent Global Note which is
exchangeable for Definitive Notes in the
limited circumstances specified in the
Permanent Global Note
23.
New Global Note:
Yes
24.
Talons for future Coupons to be
No
attached to Definitive Notes (and
dates on which such Talons mature):
25.
Business Day:
Not Applicable
26.
Relevant Financial Centre:
Not Applicable
27.
Relevant Financial Centre Day:
Not Applicable
28.
Details relating to Instalment Notes:
Not Applicable
29.
Commissioner:
Mr. Luis Coronel de Palma y Martínez Agul ó
30.
Waiver of Set-off:
Not Applicable
31.
Substitution and Variation:
Not Applicable
32.
Governing law
English law

1

Signed on behalf of SANTANDER CONSUMER FINANCE, S.A.

By:

Authorised Signatory
Date

PART B OTHER INFORMATION

1.
LISTING AND ADMISSION TO TRADING

(i)
Listing:
Application has been made for the Notes to be
admitted to listing on the Of icial List of
Euronext Dublin with effect from the Issue
Date.

(i )
Admission to Trading:
Application has been made for the Notes to be
admitted to trading on the Regulated Market of
Euronext Dublin with effect from the Issue
Date.

(i i)
Estimate of total expenses
600
related to admission to trading:
2.
RATINGS
The Notes to be issued are expected to be
rated. The fol owing ratings reflect ratings
assigned to Notes of this type under the
Programme general y:

Ratings:
S&P: A-

Moody's: A2

Fitch: A

Each of Standard & Poor's Credit Market Services Europe Limited, Moody's Investors
Service España, S.A. and Fitch Ratings Limited is established in the EEA and registered
under Regulation (EU) No 1060/2009, as amended (the "CRA Regulation").
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE/OFFER

Save for any fees payable to the Joint Lead Managers, so far as the Issuer is aware, no
person involved in the offer of the Notes has an interest material to the offer. The Joint
Lead Managers and their af iliates have engaged, and may in the future engage, in
investment banking and/or commercial banking transactions with, and may perform
other services for, the Issuer and its affiliates in the ordinary course of business.
4.
Fixed Rate Notes only YIELD

Indication of yield:
0.415% per annum

The yield is calculated at the Issue Date on
the basis of the Issue Price. It is not an
indication of future yield.
5.
OPERATIONAL INFORMATION

ISIN:
XS2100690036

Common Code:
210069003

CUSIP number:
Not Applicable

CFI:
See the website of the Association of
National Number Agencies (ANNA) or
alternatively sourced from the responsible
National Numbering Agency that assigned
the CFI

FISN:
See the website of the Association of
National Number Agencies (ANNA) or
alternatively sourced from the responsible
National Numbering Agency that assigned
the FISN

WKN:
Not Applicable

Delivery:
Delivery against payment

Any Clearing System other than
Not Applicable
Euroclear and Clearstream Banking
S.A. and the relevant identification
numbers:

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

Intended to be held in a manner which
Yes. Note that the designation "yes" simply
would al ow Eurosystem eligibility:
means that the Notes are intended upon
issue to be deposited with one of the ICSDs
as common safekeeper and does not
necessarily mean that the Notes wil be
recognised as eligible col ateral for
Eurosystem monetary policy and intra day
credit operations by the Eurosystem either
upon issue or at any or al times during their
life. Such recognition wil depend upon the

ECB being satisfied that Eurosystem
eligibility criteria have been met.
6.
DISTRIBUTION

(i)
Method of Distribution:
Syndicated

(i )
If syndicated:

(A)
Names of Dealers
ING Bank N.V., J.P. Morgan Securities plc,
Banco Santander S.A., Société Générale
and Wel s Fargo Securities International
Limited

(B)
Stabilisation Manager(s), if any: Not applicable

(i i)
If non-syndicated, name of
Not Applicable
Dealer:

(iv)
U.S. Sel ing Restrictions:
Reg S Compliance Category 2; TEFRA D

(v)
Prohibition of Sales to EEA
Applicable
Retail Investors: