Banco Santander taking IOIs for benchmark 10NC5 Kangaroo

Tuesday, 09 July 2024

Issuer name: Banco Santander
Issuer rating: A+/A2/A-
Expected issue rating: BBB+/Baa2/BBB
Announcement date: 9 July 2024
Expected launch date: near future
Lead managers: ANZ, MUFG Securities, Nomura

Transaction type: tier-two subordinated Kangaroo notes
Currency: AUD
Indicative volume: benchmark
Tenor: 10 years non-call five years
Coupon type: fixed-to-FRN and/or FRN
Price guidance: 250bp/swap

Global Reach. Local Expertise

KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.

NEWS

QUICK LINKS

Home
Magazine
News
Events
League Tables

START YOUR FREE TRIAL