We advised Banco Santander on its SEC-registered offering of senior non-preferred callable fixed-to-fixed-rate notes

Davis Polk advised Banco Santander, S.A. in connection with its SEC-registered offering of $1.5 billion aggregate principal amount of 1.722% senior non-preferred callable fixed-to-fixed-rate notes due 2027.

Headquartered in Madrid, Banco Santander is a leading financial institution by market capitalization in the Eurozone and operates globally through a network of subsidiaries across Spain, the United Kingdom, the United States and Brazil, as well as other European and Latin American countries.

The Davis Polk corporate team included partners Nicholas A. Kronfeld and Pedro J. Bermeo and associates Ariel Rivera, Ernesto Talamás Velázquez and Carlos Escandón. The tax team included partner Po Sit and associate Eitan Ulmer. Associate Leon E. Salkin provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.