Company: BCDRF
Filing Date: 2025-01-02
Form Type: 6-K
Source: 0000891478-25-000002
Chunk: 21

Company: Banco Santander, S.A.
Filing Date: 2025-01-02
Form: 6-K
Chunk 21
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       | Exchange       
 rate and other 
 adjustments    |     |         | Closing    
 balance at 
 30-09-23   |
| Bonds and debentures outstanding                                     |     |             | 211,597 |            |     | -1,467 |           |     | 49,067 |                         |     | -38,016 |                |     | 3,551 |                |     | 224,732 |            |
| Subordinated                                                         |     |             |  25,717 |            |     |      — |           |     |  3,321 |                         |     |     -40 |                |     |  -137 |                |     |  28,861 |            |
| Bonds and debentures outstanding and subordinated liabilities issued |     |             | 237,314 |            |     | -1,467 |           |     | 52,388 |                         |     | -38,056 |                |     | 3,414 |                |     | 253,593 |            |

On 11 September 2024, Banco Santander, S.A., proceeded to redeem in advance the entirety of the issuance called "First Issue of Special Subordinated Debt of Banco Pastor, S.A.", with ISIN code ES0213770011, with an original nominal amount issued of EUR 300 million and a current nominal amount of EUR 11.5 million.

On 1 August 2024, Banco Santander, S.A. carried out a placement of preference shares contingently convertible into newly issued ordinary shares of the Bank (PPCC), for a nominal amount of USD 1,500 (valued at EUR 1,356). The issuance has been made at par and the remuneration of the PPCC, whose payment is subject to certain conditions and is also discretionary, has been set at 8% annually for the first ten years, being reviewed every 5 years thereafter by applying a margin of 391.1 basis points over the 5-year mid-swap rate.

On 20 May 2024, Banco Santander, S.A., proceeded to partially redeem in advance the contingently convertible preferred shares with ISIN code XS1793250041, for a total nominal amount of EUR 1,312 million and which are traded on the market of the Irish Stock Exchange “Global Exchange Market” (the 'PPCC'), leaving the amount in circulation at EUR 187.6 million.

On