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Banco Santander SA | 6.80% Non-Cumulative Series 4 Guaranteed Preferred Securities (SAN.PRA)

Prospectus exerpt:  The Series 4 preferred securities have no fixed final redemption date and holders have no rights to call for the redemption of the Series 4 preferred securities. Although the Series 4 preferred securities may be redeemed at the option of the Issuer on or after November 21, 2011, there are limitations on redemption of the Series 4 preferred securities, including Bank of Spain consent and the availability of sufficient funds to effect redemption.

Full Prospectus PDF », SAN Page »

Series:4
Redeemable?:Yes
Call Date:11/21/2011 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:20,000,000
Liquidation Preference:$25
Recent Market Price:$25.38
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$0.38 (1.52%)
Annualized Dividend:1.70
Recent Ex-Date:11/4/2014
Current Yield:6.70%
Original Coupon:Floating Rate
Pay Period:Quarterly
Pay Dates:21-Feb, 21-May, 21-Aug, 21-Nov
Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2013, Co.'s total assets amounted to Euro1,115,638,000,000 and total customer deposits amounted to Euro607,837,000,000.

Preferreds: SOV.PRC, SAN.PRI, SAN.PRC, SAN.PRB, SAN.PRA, SAN.PRF, SAN.PRE


Open the SAN Information Page »
Name:  Banco Santander SA
Website:  www.gruposantander.com
Sector:  Banking & Savings
Number of ETFs Holding SAN:  10 (see which ones)
Total Market Value Held by ETFs:  $2,724,199,224
Total Market Capitalization:  $41,282,000,000
% of Market Cap. Held by ETFs:  6.60%

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