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Santander Finance Preferred, Float Rate Non-cumul Guar Series 6 Preferred Stock
Ticker Symbol: SAN-B* CUSIP: 80281R888 Exchange: NYSE
* NOTE: This security is no longer trading as of 12/05/2020
Security has been Called for: Saturday, December 5, 2020
EX-99.25 2 ruleprovisionnotice.htm NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE December 07, 2020 -- From the 25 NSE statement: STATED SECURITIES The New York Stock Exchange hereby notifies the SEC of its intention to remove the guarantor of the entire class of the stated securities from listing and registration on the Exchange at the opening of business on December 18, 2020, pursuant to the provisions of Rule 12d2-2 (a). [ X ] 17 CFR 240.12d2-2(a)(1) That the entire class of this security was called for redemption, maturity or retirement on December 05, 2020; appropriate notice thereof was given; funds sufficient for the payment of all such securities were deposited with an agency authorized to make such payment; and such funds were made available to security holders on December 05, 2020. The Exchange also notifies the Securities and Exchange Commission that as a result of the above indicated conditions this security was suspended from trading on December 07, 2020.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Santander Finance Preferred S.A. Unipersonal, Floating Rate Non-cumulative Series 6 Guaranteed Preferred Securities, liquidation preference $25 per share, redeemable at the issuer's option on or after 3/5/2017 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Floating Rate non-cumulative distributions are paid quarterly on 3/5, 6/5, 9/5 & 12/5 to holders of record on the record date which will be the 15th calendar day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The floating rate will be reset on the first day of each distribution period and will be equal to the three-month LIBOR plus 0.52% but will not be less than 4.00% per annum or greater than the highest interest rate permitted by New York law. The dividends are non-cumulative and if the board of directors does not declare a dividend or the company fails to pay a dividend declared by the board for any quarterly dividend period, the holder will not be entitled to receive any dividend for that quarterly period and the undeclared or unpaid dividend will not accumulate. Dividends paid by these preferred shares are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) but, since they are issued by a foreign company, are NOT eligible for the dividends received deduction for corporate holders (see page 55 of the prospectus for further information). In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to all liabilities including subordinated liabilities, equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (SAN)
IPO - 3/5/2007 - 14.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Previous Ticker Symbol: STD-B Changed: 6/13/2012
Market Value $341.0 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Company's SEC EDGAR Filings
(SEC filings terminated and no longer filed)
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Go to SEC Filings |
Company's Email Address Links |
Foreign Address and Phone Numbers |
Address: Ciudad Grupo Santander. Av. De Cantabria s/n, Edificio Pereda, 1ª planta. |
Main Phone Number |
+34-91-259-6520 |
Fax Number |
+34-91-558-14-53 |
Inv Rel Phone Number
Gema Navamuel
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+34 91 259 65 14 |
Address and Phone Numbers |
U.S. Representative |
Banco Santander New York |
Address: 45 East 53rd Street, Floors 9&10, New York, NY 10022 |
Main Phone Number |
212-350-3500 |
Fax Number |
212-350-3535 |
Investor Contact
Jaime Cano
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212-350-3903
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Toll Free Phone Number |
Unknown |
CEO - José Antonio Álvarez Álvarez |
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