Banco Santander Chile Senior Notes Offering

Davis Polk advised Banco Santander Chile in connection with its Rule 144A and Regulation S offering of $750 million aggregate principal amount of its 2.700% senior fixed-rate notes due 2025.

Banco Santander Chile is one of the largest banks in Chile in terms of total assets and loans, with operations in commercial banking, retail banking, asset management and insurance. Banco Santander Chile is a member of the Santander Group, the principal financial group in Spain and one of the largest financial groups in the world in terms of market capitalization.

The Davis Polk capital markets team included partner Nicholas A. Kronfeld and associate Hillary A. Coleman. The tax team included counsel Ethan R. Goldman. Associate Matthew R. Silver provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.