Deal Team

Corporate
Tax

Santander Holdings USA in its $500 million fixed-to-floating rate senior sustainability notes offering

On September 9, 2022, Santander Holdings USA, Inc. completed its offering of $500,000,000 aggregate principal amount of its 5.807% Fixed-to-Floating Rate Senior Sustainability Notes due 2026. Santander Investment Securities Inc., BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC acted as representatives of the several underwriters.  This was SHUSA’s first sustainable bond offering.

Wachtell, Lipton, Rosen & Katz served as legal advisor to SHUSA.