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SAN Banco Santander SA

5.19
0.05 (0.97%)
Pre Market
Last Updated: 14:09:14
Delayed by 15 minutes
Name Symbol Market Type
Banco Santander SA NYSE:SAN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.05 0.97% 5.19 1,023 14:09:14

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)

27/10/2020 10:02am

Edgar (US Regulatory)


 

FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Report of Foreign Issuer

 

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For the month of October, 2020

 

Commission File Number: 001-12518

 

Banco Santander, S.A.

(Exact name of registrant as specified in its charter)

 

Ciudad Grupo Santander

28660 Boadilla del Monte (Madrid) Spain

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes   No

X

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes   No

X

 

 

 

 

 

Banco Santander, S.A.

 

TABLE OF CONTENTS

 

Item 

 
   
1

Notice of Redemption for 14,000,000 Santander Finance Preferred S.A., Unipersonal Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (par value U.S. $25.00 per security) originally issued by “Santander Finance Preferred, S.A. Unipersonal” and guaranteed by Banco Santander, S.A.

 

 

 

Item 1

 

 

NOTICE OF REDEMPTION

 

BANCO SANTANDER, S.A.

 

TO REDEEM ITS

 

14,000,000 Santander Finance Preferred S.A., Unipersonal Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (par value U.S. $25.00 per security) originally issued by “Santander Finance Preferred, S.A. Unipersonal” and guaranteed by Banco Santander, S.A.”
(the “Preferred Securities”).

 

ON 5 DECEMBER 2020

 

ISIN: US05971K4067

 

MADRID, Spain, 26, October, 2020 – Banco Santander, S.A. (the “Company”) announced today that, according to the relevant Prospectus dated 22 October 2007 (the “Prospectus”), the Company has decided to redeem in full the 14,000,000 Santander Finance Preferred S.A., Unipersonal Floating Rate Non-Cumulative Series 6 Guaranteed Preferred Securities (par value U.S. $25.00 per security) originally issued by “Santander Finance Preferred, S.A. Unipersonal” and guaranteed by Banco Santander, S.A.”, on 5 December 2020 (the “Early Redemption Date”).

 

On the Early Redemption Date, the Company will pay the liquidation distribution to each holder, equal to the U.S. $25.00 nominal value per preferred security, plus the accrued and unpaid Distribution (as this term is defined in the Prospectus) at the rate of 4,00% per annum for the then-current quarterly distribution payment period to the Early Redemption Date.

 

The ISIN number for the Instruments is US05971K4067.

 

Distributions will cease to accrue on the Preferred Securities on the Early Redemption Date.

 

In connection with the redemption, Computershare will serve as the Issue and Paying Agent. The address for the Issue and Paying Agent is:

 

Computershare Inc.

150 Royall Street 

Canton, MA 02021

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Banco Santander, S.A.
     
     
Date: October 26, 2020   By: /s/ José García Cantera
        Name: José García Cantera
        Title: Chief Financial Officer

 

 

 

 

 

 

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