Davis Polk advised Banco Santander, S.A. in connection with its SEC-registered offering of $1.5 billion aggregate principal amount of 2.746% senior non-preferred fixed-rate notes due 2025 and $1 billion aggregate principal amount of 3.490% senior non-preferred fixed-rate notes due 2030. 

Headquartered in Madrid, Banco Santander is the 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 partner Nicholas A. Kronfeld and associates Pedro J. Bermeo, Ida Araya-Brumskine and Ariel Rivera. The tax team included counsel Alon Gurfinkel and associate Summer Xia. Associate Matthew R. Silver provided 1940 Act advice.Members of the Davis Polk team are based in the New York and London offices.