Banco Santander SA’s Santander Consumer Finance Launches New 1.5-Year Senior Euro Bond-Reuters


Monday, 7 Oct 2013 08:00pm EDT 

Reuters reported that Banco Santander SA’s Santander Consumer Finance has launched a EUR 1 billion 1.5-year senior benchmark at mid-swaps plus 123bp. Lead managers Citigroup, JP Morgan, Natixis and Santander will allocate bonds and price the deal later, having closed the book with over EUR 1.6 billion of orders. The transaction is the first time Santander Consumer Finance has printed a senior public euro deal since a EUR 500 million issue in December 2012. 

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