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Santander Finance Preferred, 10.5% FtoF Non-Cumul Guar Series 11 Preferred Stock
Ticker Symbol: SAN-F*     CUSIP: 80281R870     Previous CUSIP: 80281RAC6      Exchange: NYSE
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 9/29/2014

Security has been Called for:  Monday, September 29, 2014

August 22, 2014 -- Fidelity has informed a QOL user that SAN-F has been subjected to a full call for 9/29/2014 at $1000 per share plus declared and unpaid distributions. ____________ June 25, 2013 -- Banco Santander, S.A. today announced the CUSIP reclassification of Santander Finance Preferred, S.A. Unipersonal's Fixed-to Floating Non=Cumulative Guaranteed Series 11 Preferred Securies, par value $1.000 per security from debt CUSIP Number 80281RAC6 to equity CUSIP Number 80281R870. The terms of the Securities are unchanged.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Santander Finance Preferred S.A. Unipersonal, 10.5% Fixed-to Floating Non-cumulative Guaranteed Series 11 Preferred Securities, guaranteed by Banco Santander S.A. (NYSE: STD), liquidation preference $1000 per share, redeemable at the issuer's option on or after five years from the date of issue at $1000 per share plus declared and unpaid dividends, and with no stated maturity. Noncumulative distributions of 10.5% ($105.00) per annum are paid semi-annually on 3/29 & 9/29 until 9/29/2014 and at a floating rate paid quarterly on 3/29, 6/29, 9/29 & 12/29 to holders of record on the 15th calendar day prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). The floating rate will be reset quarterly to a rate equal to the U.S. dollar three month LIBOR plus a spread equal to the difference between 10.5% and the mid-swaps rate (see page 47 of the prospectus). The preferred's dividends will not be subject to Spanish taxation or withholding for U.S. holders. 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 99 of the prospectus for further information). In regards to payment of dividends and upon liquidation, the preferred shares rank junior to all liabilities of Santander Finance, 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.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
10.50%
$105
$1,000.00
$1,000.00
Called for
9/29/2014

None
Ba2 BB-
9/30/2014
3/29 & 9/29
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (SAN)

IPO - 9/30/2009 -    Link to IPO Prospectus
Previous Ticker Symbol: STD-F    Changed: 6/13/2012
Market Value $12.0 Million

Company's Online Information Links
HOME PAGE:     http://www.gruposantander.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address investor@gruposantander.com
Email Contact Form on Website Go to Email Form

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 +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 212-350-3903
Toll Free Phone Number Unknown

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