Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 722

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 722
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ordinated debentures, the first for a term of fourteen years, for an amount of UF 3million (equivalent to USD 100million), bearing annual interest at 3%, and the second for a term of nineteen years, for an amount of UF 3million (equivalent to USD 100million), bearing annual interest at 3.15%. Issues Banco Santander (Brasil) S.A. At September 2024, Brazil issued AT1 Financial Notes (PerpNC5) in its local market for an amount of BRL 7,600million at CDI + 140% (equivalent to UST + 222bps). At the beginning of October 2023, Banco Santander (Brasil) S.A. carried out an issue of Subordinated Financial Bills (TIER II) in its local market for a 10-yearterm, with a repurchase option as of the fifth anniversary of the issue date, in the amount of BRL 6,000million. The issue price was CDI + 1.6% per annum, payable at maturity. At the end of November 2021, Banco Santander (Brasil) S.A. carried out an issue of Subordinated Financial Bills (TIER II) in its local market for a 10-yearterm, with a repurchase option as of the fifth anniversary of the issue date, in the amount of BRL 5,500million. The issue price was CDI 2% per annum, payable at maturity. Issues by Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México In January 2022, Banco Santander México, S.A. Multiple Institution, Grupo Financiero Santander México proceeded to redeem early a perpetual issue carried out at 30 December 2016 for a nominal amount of USD 500million, of which 88.2% of the issue had been acquired by the Group. At 1 October 2018, a ten-yearsubordinated debenture issue was made by Banco Santander México, S.A. Institución de Banca Múltiple, Grupo Financiero Santander México for a nominal amount of USD 1,300million and at an interest rate of 5.95%, with the group having acquired 75% of the issue.

Annual report 2024 668

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