Santander Bank planning to sell senior notes offering

By Aleesia Forni

Virginia Beach, Jan. 7 – Santander Bank NA, a wholly owned subsidiary of Santander Holdings USA Inc., is planning to price an offering of senior notes in a private placement, according to a company press release.

Proceeds will be used for general corporate purposes.

Boston-based Santander Holdings USA is the parent company of Sovereign Bank. It is a subsidiary of Spain’s Banco Santander, SA.

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