Davis Polk advised Banco Santander Chile in connection with its Regulation S offering in Switzerland of CHF125 million aggregate principal amount of 0.350% fixed-rate notes due 2025.
Banco Santander Chile is the largest bank in Chile in terms of total assets and equity, 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 associates Pedro J. Bermeo and Hillary A. Coleman. Partner Rachel D. Kleinberg, counsel Ethan R. Goldman and associate Andrew Imber provided tax advice. Partner Gregory S. Rowland, counsel Sarah E. Kim and associate Colleen Blanco provided 1940 Act advice. Members of the Davis Polk team are based in the New York and Northern California offices.