Company: BCDRF
Filing Date: 2025-01-15
Form Type: 6-K
Source: 0000950103-25-000489
Chunk: 1

Company: Banco Santander, S.A.
Filing Date: 2025-01-15
Form: 6-K
Chunk 1
---
                                   | CUSIP/ISIN   |          Principal 
 Amount Outstanding |                    Aggregate 
 Principal Amount Tendered(1) |                    Aggregate 
 Principal Amount Accepted(1) |                                          Principal 
 Amount Reflected in Notices of Guaranteed Delivery |
| 1              | 3.496%                                         
 Senior Preferred Fixed Rate Notes due 2025     | 05964HAP0/   
 US05964HAP01 |     $1,250,000,000 |                 $585,400,000 |                 $585,400,000 |                                         $1,000,000 |
| 2              | 2.746%                                         
 Senior Non Preferred Fixed Rate Notes due 2025 | 05971KAE9/   
 US05971KAE91 |     $1,500,000,000 |                 $916,400,000 |                 $916,400,000 |                                         $1,200,000 |
| 3              | 5.147%                                         
 Senior Non Preferred Fixed Rate Notes due 2025 | 05964HAR6/   
 US05964HAR66 |     $1,750,000,000 |                 $972,000,000 |                 $972,000,000 |                                                  — |
| 4              | 1.849%                                         
 Senior Non Preferred Fixed Rate Notes due 2026 | 05964HAL9/   
 US05964HAL96 |     $1,500,000,000 |                 $976,800,000 |                 $976,800,000 |                                           $200,000 |

| (1) | Excluding principal amounts of Notes           
 tendered using guaranteed delivery procedures. |

In addition to the previously announced consideration
(the “Consideration”), the Notes validly tendered and accepted for purchase and payment pursuant to the Offers will be entitled
to accrued and unpaid interest up to, but not including, the settlement date (the “Accrued Interest”).

In total, $3,450,600,000 aggregate principal amount
of Notes have been accepted for purchase (excluding Notes delivered using the guaranteed delivery procedures). Santander expects to pay
the Consideration plus Accrued Interest for all Notes validly tendered prior to the Expiration Time and accepted for purchase, including
any Notes validly tendered at or prior to 5:00 p.m. (New York City time) on January 16, 2025 using the guaranteed delivery procedures
and accepted for purchase